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Re: palmspringsbum post# 2058

Wednesday, 02/02/2011 7:30:44 PM

Wednesday, February 02, 2011 7:30:44 PM

Post# of 6560
Thanks, Palms.

You said:

Their current earnings/share ratio is -0.0033.

Can you let us know where you got this figure (the link would be best)?

As far as I know, the CPOW shares outstanding are around 240M. This is from my retail trading account.

Google Finance has CPOW shares at 450M. I have no idea where that comes from. Doesn't match anything I can find.

Yahoo Finance -- I cannot even find the figure on there for outstanding shares but they have all kinds of other statistics for the company. We already know that Yahoo finance has inaccurate data about corporate officers.

Bloomberg agrees with my retail trading account 240M. And gives a FLOAT of 183M. I just happened to check Bloomberg earlier today and it was the first place I had seen anything that indicated there were restricted shares.

Definition of Float:

What Does Float Mean?
1. The total number of shares publicly owned and available for trading. The float is calculated by subtracting restricted shares from outstanding shares.


A lot has happened with CPOW since the last financials.

So the CPOW earnings/share ratio is not going to be all that accurate IMHO until we know a) CPOW share structure. b) current (or at least more recent) CPOW financials.

Good luck to all CPOW investors.

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