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Re: myleftput post# 15618

Wednesday, 12/30/2009 4:18:38 PM

Wednesday, December 30, 2009 4:18:38 PM

Post# of 105534
PE is earnings per share. If a company is making money then you divide that by the number of shares out and that gives you a PE. If a company is losing money then the PE will be a negative. Right now we are at a negative PE. I'm not going to look up the past financials but if we are at a -.01 pe that means you take the number of shares out and multiply that by -.01 and that should give you the loss from the last financial reports. It is that simple. Most stocks in NYSE have a PE of usually 9-19, some more, some less. But what that means is that those companys are still in the black.

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