A no name company with a real PE ratio (OPTC, rated BUY)
Posted on February 03, 2008 at 18:28 PM EST
Most micro-cap companies trade on the dream that someday they will make money. With a PE ratio of 24 this one already is earnings money and with growing revenues. like most micro-cap companies it's hard to know all you should and what you do know you leanred from the company itself - never the best source of knowledge. I bought 400 shares for my IRA account. Keep it small and watch it closely. For me this is a local company. At least I know their parking lot isn't empty. But as cheap as the company sounds $35 million is a lot of money and there are a lot of fraudilent stocks that trade for that market cap. I'll watch them closely and hope for the best.