I know... but we are all here to make money. Who cares whether it is a startup or not? Actually, the reason why the P/E is so far down the list is for exactly that reason. Most of the companies I can afford do not have P/E ratios, because they are not profitable yet. That is why earnings growth is so useful. I am not into blue-chip investing.
But, having said that, if you don't trade with discipline in the penny-stock realm you will lose your shirt. I can say that from personal experience. So, having a framework within which to work is critically important at the low end, wouldn't you say? Especially with limited resources. It is as important to call when something is going to go down (does not meet your criteria) as when it is a so-called "good pick".
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