Saturday, October 3, 2009

10/3/09 Picks

Joe Johnston - JOJOH

Joe Johnston is directing the upcoming film The Wolfman, coming out in early 2010. Johnston hasn't made a film in almost six years, which has caused his stock price to fall. His price is $57.90, significantly below his TAG of $93,712,259. When The Wolfman is released, JOJOH will adjust to $70.28, a gain of $12.38 per share. Of course, if The Wolfman does as well as Universal Pictures is hoping, the stock could shoot up from there. If The Wolfman grosses $50 million, the stock price would reach $82.78, a $24.38 per share gain. But even if the film fails completely, there is big money to be made off of JOJOH.

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