Random thought on P/E
If the company makes just $1 million in profit, they would currently have a P/E of 7.75. (We're talking actual profit here, not revenue which should be $5,000,000+).
Will they make $1 million in actual profit this year? I would bet on it, or atleast $250,000+ in the 3rd and 4th quarters as the caskets start going into high gear. By the time 2008 rolls around, the profit margin rich caskets will be rolling off the production lines and revenues/profits will be soaring.
Throw in a stock buy-back with these profits, and this company should be trading at atleast 0.10 within 18-24 months (30-bagger).
Buy & Hold this puppy. Don't stress and panic about the ups and downs from the flippers. If you bought yesterday and didn't check the stock price until 2008 or 2009, you will be stunned at what your brokerage account looks like.
