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momentum74

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momentum74

Re: momentum74 post# 401683

Wednesday, 04/27/2011 12:49:36 PM

Wednesday, April 27, 2011 12:49:36 PM

Post# of 704570
MIPS 8.11 making higher lows intraday .Bullish
backing out the cash on the balance sheet
8.00 subtract 2.00 in cash =6.00 divided by 2012 earnings of .57 = a foward p/e of 10 of 11 now. Undervalued vs Market P/E
http://finviz.com/quote.ashx?t=mips&ty=c&ta=1&p=d

I like to scalp, day trade, and swing trade. My posts are my opinion only.Do your own research and due diligence . You could lose all your investment following my trades. Never trade with more then you can afford to lose. I'm not an investment advisor.

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