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Re: Midwestrader post# 23251

Tuesday, 10/19/2010 8:47:26 AM

Tuesday, October 19, 2010 8:47:26 AM

Post# of 119177
Right, that's what I plan on doing once numbers come out although its sort of a backwards way to arrive at the PE since your PPS is based on EPS and a forward looking PE not your PE is based on earnings. In any case, after financials come out we can approximate the PE ratio the market is applying to HLNT and use that as a basis for future pps as earnings continue to increase. I was just curious if anyone had traded stocks in this sector before and had a reasonable guess as to a forward looking PE.