Sunday, September 27, 2009

9/27/09 Picks

Wesley Snipes - WSNIP


WSNIP understandably dropped in price due to Snipes's recent legal problems. The stock price has fallen to $20.03, well below his TAG of $36,462,365. Though his future career is questionable and I wouldn't recommend anyone buying WSNIP as a long-term investment, it can be purchased for a quick gain. This November, the film Brooklyn's Finest will be released in late November, and will cause WSNIP to reach a minimum of $35.33, a gain of $15.30 per share in a few months. Brooklyn's Finest is directed by Antoine Fuqua, whose last four films have each grossed a minimum of $43 million. If Brooklyn's Finest maintains this trend, the stock would hit $43.93, more than doubling the stock's current value. But that is just speculation. Even if the film doesn't make a dime, WSNIP is a sure thing investment.

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