“Peix might be a good investment, but that has nothing to do with the predicted earnings.”
“So the Forward Price-to-Earnings Ratio has no effect on any potential investor in any stock? Really.”
First, I was referring to your prediction, not to the Forward Price-to-Earnings Ratio. And secondly, the P/E ratio is only of use if PEIX really shows improvement, instead of the nice forward looking quote they always have in their PR.
You can argue all you want, but the share price speaks volumes. We are nowhere close to heading toward $2
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