Hi sandybeaches just run a scan like you did and include PE...

Hi sandybeaches just run a scan like you did and include PE ratio 10 and under.Get this list then get rid of all mining/mining services companies.You then have a list of say 10 companies.Have a look at these companies in depth and then you will probably come down to about 5 that may offer something.Narrow down and do an analysis of profit balance sheet and directors shareholding. Make sure you know the company like the back of your hand visit management if needed.Like owning your own business.If you know the company well you will have more confidence in what you do - like owning your own business.Everyone has a strategy in the market.You have to be choosie with any stock including penny dreadfuls.Oil rags are for the petroleum companies.