The time horizon for his projections encompasses the next 65 trading days, or three calendar months.

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His conclusion: trading at 8.9x his calendar 2012 EPS estimate ex-cash, the stock is cheap.

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Since ImClone Systems (nasdaq: IMCL - news - people ) was hit with concerns over its cancer drug, Erbitux, and insider trading at the beginning of this calendar year, things have gone from bad to worse.

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This is the maker of the premier global luxury car trading at prices that would suggest the Mayan calendar was correct about the world ending in 2012.

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If the whole account is down 3% in the first week of a calendar month, he closes his positions and waits until the next month to resume trading.

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