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Whiplash_Investor

03/23/19 9:01 AM

#193184 RE: DL11 #193182

Agree if you're using P/E to value the company but that's a ways in the future. He has not had 2017 year that was ever profitable. And the very next year sales dropped around 70%, so back to negative earnings again.

Until he has 2 years of growing earnings, big investors won't use P/E method, only the sales multiple of 1 to 5.