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dasunn
Posted : Sunday, March 26, 2006 10:11:15 PM
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Joined: 5/11/2005
Posts: 14
Whats your comment about buying a stock with no P/E or a P/E with a extreme value , say 60 or greater?
HaveNoCents
Posted : Monday, March 27, 2006 8:08:07 AM
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Joined: 12/8/2004
Posts: 1,301
It has never mattered to me one way or the other. The chart should let you know the potential of the stock.
dasunn
Posted : Monday, March 27, 2006 10:24:34 PM
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Joined: 5/11/2005
Posts: 14
Tnx for the reply, the one and only I might add.

I just reviewed a couple of hundred old Worden notes ; many of the stocks they featured had no p/e. Guess earnings make no difference to them.

Looking at charts of companies with no p/e did not reveal any conclusion one way or the other.
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