http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_C/threadview?bn=76810&tid=643&mid=645
A PE of 10 is a hard number for an OTC stock to reach. A PE of around 5 is more usual. If they can get the stock price to hold above 2.00, they could qualify for an AMEX listing, giving them more credability and a chance to make a PE of 10 if they persue it. I'm hoping they announce an intent to get on an exchange during their conf. presentation on Friday.
Disclosure: Long 13,000 shares and hoping for a listing and that the cigs go over big.
A PE of 10 is a hard number for an OTC stock to reach. A PE of around 5 is more usual. If they can get the stock price to hold above 2.00, they could qualify for an AMEX listing, giving them more credability and a chance to make a PE of 10 if they persue it. I'm hoping they announce an intent to get on an exchange during their conf. presentation on Friday.
Disclosure: Long 13,000 shares and hoping for a listing and that the cigs go over big.
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