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Re: bigplay777 post# 5829

Wednesday, 07/29/2009 7:19:11 PM

Wednesday, July 29, 2009 7:19:11 PM

Post# of 8313
Thanks, bbb, for providing the charts. One thing I can't understand (and this is no criticism of you, since you are just copying the charts) is how they arrived at earnings of $1.23/share. Last year's fully diluted earnings were over $1.80/share and even just the first 9 months of this year, fully diluted, were a little higher than their number ($1.27). By using such a low number, they arrive at a P/E of almost 10, which is more than reasonable for an OTCBB stock, and that in turn leads to less interest in the stock than there otherwise might be.

Thanks also, 996, for pointing out that the blogger was not an actual analyst -- I guess I got carried away with the positive coverage.

Hopefully, this stock will provide college tuition AND retirement for all of us!

Regards,

Eric

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