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Tuesday, January 29, 2013

A P/E of 3,099 And Shares Jump --- Not An Energy Story

Here's the headline: misses earnings forecast; downbeat on guidance; shares jump after hours. P/E earlier in the day: 80. P/E now at 3,099 according to Yahoo!Financial.

Profit margin is 0.07% (about the same as the forecast rise in global temperature over the next 100 years).

No debt. No dividend.

King of the Road, Roger Miller