What is this? (The S&P currently has a PE of 132 years.)
LLEG will more than likely be classified as a utility company. Most utility companies trade at about a 10 P/E. But since we are in the alt energy category and plenty of growth we can trade about 15 - 20 P/E
ALL FAKE NUMBERS HERE:(taken from previous post)
Pre Split:
If we earned 05 cents a share and had a P/E of 20 we would be trading around $1
Post Split:
If we earned 55 cents a share and had a P/E of 20 we would be trading around $11 (Just keep in mind in a reverse split you own A LOT LESS shares at a higher price)
I am done talking about splits and stocks. I will bring it up again in a year.
Goodbye for today, there is a virus hitting I need to deal with. I hate facebook it is spreading a ton of viruses. DO NOT CLICK ON ANY LINKS IN FACEBOOK send by friends. I am addicted to Mafia Wars...my user name is KILL BILL