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Re: Ariki post# 211

Tuesday, 11/24/2009 11:19:05 PM

Tuesday, November 24, 2009 11:19:05 PM

Post# of 19778
To determine value of stocks, most use PE ratios, price to earnings. Using the 02 per quarter, that would be 08 for the year. So at the current price of .231, the PE would be 3, if the stock was trading at a $1 the PE would be 12.5. Most pink and OTCBB don't even make money, so that is another plus with AVMD.

For comparision tech stocks trade with higher multiples, PE usually 40 and higher because of growth, energy companies usually have a PE 10-15. In any case, at a PE of 3, right now, way undervalued...


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