Wednesday, October 06, 2004 1:06:27 PM
So logical to say profit needed for PPS.
However, yesterday I had a list of 40 recommended stocks I had put together from (Roll), 1stdaytrader, Ameritrade from their real-time screener(up 10% for day), and BigCharts markets (largest % price gain). When I did some dd, not one, not a single one, of them had net earnings last year. If I would hold out and buy only stock where there was a positive EPS I would be severely limited. I know it makes sense to say the company has to be profitable, but I can give you several examples of good companies, good EPS, good PR, that have tanked or been straight line for months. So, for long term I would say yes, you need a record of good earnings and a good P/E, or a start up with perceived exceptional growth potential.
I would think if the later were true in GZ's case, then our volume should be much higher with even institutional investors grabbing a piece. It's not happening. So, to stimulate growth we need eye catching news, a financing package to show we are viable as an ongoing corp. and somehow convince people we do have exceptional growth potential.
IMHO, the bottom line is. I think good PR with increased subs. is more important at this juncture than EPS.
However, yesterday I had a list of 40 recommended stocks I had put together from (Roll), 1stdaytrader, Ameritrade from their real-time screener(up 10% for day), and BigCharts markets (largest % price gain). When I did some dd, not one, not a single one, of them had net earnings last year. If I would hold out and buy only stock where there was a positive EPS I would be severely limited. I know it makes sense to say the company has to be profitable, but I can give you several examples of good companies, good EPS, good PR, that have tanked or been straight line for months. So, for long term I would say yes, you need a record of good earnings and a good P/E, or a start up with perceived exceptional growth potential.
I would think if the later were true in GZ's case, then our volume should be much higher with even institutional investors grabbing a piece. It's not happening. So, to stimulate growth we need eye catching news, a financing package to show we are viable as an ongoing corp. and somehow convince people we do have exceptional growth potential.
IMHO, the bottom line is. I think good PR with increased subs. is more important at this juncture than EPS.
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