The last time I looked at FSLR they even had a PE ratio of 150! We can all look and find exactly what we want to find. IMO, your figures add up. Now I know this may be a bit premature but like MC has said, this can in no way be looked as a negative. The bottome line is we are real close to see the real share structure of XXIS and the real PPS as well.
This will proportionately relate to the PPS of SPZI and has to equal more than the $.0045 we have been trading at for the past few weeks.
How about the solar energy industry where most of the companies aren't even profitable and if so are trading at PEs of 50-100 or so... it's all about expectations.
Name one unprofitable company that's trading at a PE of 50-100 or so.
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