AESO - pe ratio should be lower?

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yagart
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Posts: 10
Joined: Mon Oct 27, 2008 11:34 pm

AESO - pe ratio should be lower?

Post by yagart »

Atlantic Energy Solutions, AESO, news release says new $12 million dollar contract, so why has not the pe ratio gone down even more? They only did $7.8 million dollars last year so with existng contract plus $12 million dollars more for the growing penny company, why is not the pe ratio down more? I don't get it. See:

http://finance.yahoo.com/q?s=AESO.PK

http://www.pinksheets.com/pink/quote/quote.jsp?sym...

Please advise. Thank you.
nzbryant
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Joined: Mon Dec 13, 2004 10:43 pm

P/E

Post by nzbryant »

This is a mechanical trading forum. Why are you asking "why"?
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