""Extralite, just because a stock is trading at a low p/e doesn't make it a "bargain". It is at that price because the market has valued it as such. Buying a stock based on such fundamentals is a sure way to the poor house.""
I hope you were puffing on a pipe and sitting in an armchair as you dispensed those pearls of wisdom to novices like myself.
So as well as a PE of 4, revenue growth rate of 100 percent, cash reserves up 100 in just over 12 months, EPS of 7 cents on a 30 cent stock, no debt - just what other fundamentals is your majesty referrring to?
ASC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
