It's been covered many times before. PE on a stock like this is meaningless. I give the example of NTC who's earnings are only a couple of mil and revenue in the ball park of ajx's eocy forecast if I recall. it's PE is 150. It's all about sentiment and optimistic future earnings. If we hit the 18 mil the brakes will really come off.
AJX Price at posting:
53.0¢ Sentiment: Hold Disclosure: Held
