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Post# of 47370
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chadpounder

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chadpounder

Re: Oliverpaintball51 post# 3081

Saturday, 09/25/2010 1:33:43 PM

Saturday, September 25, 2010 1:33:43 PM

Post# of 47370
I think your math is a bit off. Your P/E only inculdes the float of 69 million where the O/S is 494 million. So 1,000,000 (revenue)/ 494,000,000 is .002 pps. Add a 20x to that and you get .04 pps. I like your thinking, but I'm not sure of any stock whose P/E includes just the float in the calculation.
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