david - PE means diddly sqaut. We're in a bear market. P could be the difference between 10% in a day, E has very little importance when the fear that P fell 10% in a day dominates the minds of traders. That being said, OZL is a stand out buy under $2 (DYOR IMO only). BHP OMG!! How on earth does a company tripple profit in three years and have its share price stay flat. WOW! Just a matter of time before some serious wealth comes in here to buy a huge amount of these companys.. Last time I checked, there's a lot of reserves sitting in accounts in China, Russia... timing is everything.
OZL Price at posting:
$14.75 Sentiment: Buy Disclosure: Held