Friday, September 18, 2009

9/18/09 Picks Part 3

ALPAY - Alexander Payne

This one will take a little while to capitalize on, but it will be a huge gain. ALPAY is currently trading at $8.36, with a TAG of $31,329,967. When Alexander Payne's next movie comes out (when this is is unclear), the TAG will correct to a minimum of $31.26, a 374% gain. The downside is that its unclear when Alexander Payne's next film will be released. In August, FilmJunk reported that he will be directing The Descendants, to be released in 2011. Whether this will come to pass is unclear, but since Payne has not directed a feature length film since 2004's Sideways, it is only a matter of time until he directs another film. Even if you have to wait a few years, it is well worth it to rake in a minimum 374% gain, especially since buying the max number of shares only ties up $167,200. And when you consider that Payne's last two feature length films grossed at least $65 million each, ALPAY could soar. However, patience is required.

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