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| The Trading Floor (Investing, Stocks, Bonds) Discuss investing and investments here! Do your own due diligence before investing. We are not responsible for any advice or recommendations within this forum! |
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#15
06-04-2012, 12:44 PM
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You may get lucky with this stock, and I hope you do, but putting money into this is no different that putting it all on black at the roulette table. What's the P/E of this stock? I'll answer that for you - they don't have one because it has never turned a profit. If you buy it you are basically buying debt, and a ton of it, with the prospect to make money but that's just it, a prospect...
Hopefully it gives you a short term bounce 
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