Joe's Natural Path To Profit

[BiotechValues]

CHGY- better look at that balance sheet first and save yourself some time in the due diligence process.

People are saying CHGY trades at a forward pe of 2 (I get spammed about it endlessly by PMs), yet management has not given guidance. It's just people puling numbers out of their arse and saying the stock is cheap.

hell, I can say LLEN is going to make $4/share this year and say that = a pe of 2 also...but that doesn't make it true.

Now, CHGY probably will turn eps positive in q4 (finally), but that doesn't make it a screaming buy- not with $63M in debt and a current ratio of 0.5.