IMHO PE by itself doesn't hold too much value for me. For eg: tesla is valued at half of GM's Mcap even though their revenue is 4-6% of GM's. It's the future expectations that are built in that is keeping it afloat. Having said that, at these levels there is little margin for error. The lack of liquidity is the reason why if people want in, they need to pay up. We have barely scraped the surface of this company's potential . That's why i am saying - US market is well on the way, would love to see some movement in Europe. There are some small caps fund's managers that really like the company and takeover is far from the founders minds at the moment.
PME Price at posting:
$4.74 Sentiment: Buy Disclosure: Held
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