SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : AmeriResource Technologies (ARET)
ARET 0.00010000.0%Nov 5 1:03 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mr. Jens Tingleff who wrote (2904)9/23/1998 11:41:00 PM
From: ISOMAN  Read Replies (1) of 7609
 
Can anyone tell me if ARET has any, earnigs at all yet.

I could not find any in it's recent Sec filings.

With 220 million shares o/s the market cap of ARET is

$1.98 million.

with a price of 9/10ths and a price to earnings ratio of 20

that would mean that ARET would have to earn $100,000 net a year to justify the price.

So ...what am I missing? Seems to me a house building company could earn $100 grand in a cake walk.

So.....what are the projected revenues?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News