Replies to post #177166 on Minerco Inc (MINE)

[Step-by-Step]

Getting ready to start moving up.................

[kmerrill057]

Alright let's be real hear it should not not be trading any where near .20 I could maybe see .05 by early 2015

[schlagrock]

Hi ss

I understand where you got the 20 to 25 where are you getting your numbers to cw up with share price you mentioned?

Thanks

[pristine]

That's ridiculous, how can you assign a PE ratio when there is no EPS or a negative EPS.

PE Ratio = Market Value per Share / Earnings per Share (EPS)

This formula can't be used until there's actually an established EPS to go by.