Thursday, July 19, 2007

Think Partnership Inc.

Think Partnership Inc. is an AMEX listed security that has been trading in a range between $1.76 and $3.70 over the past year. With 67,413,350 shares outstanding, a recent price of $2.99 gives a total market capitalization of $220,434,919. While there are certainly larger companies, Think Partnership Inc. has definitely earned its place in the pack. Last year, Think Partnership Inc. created $-0.17 in earnings for every share outstanding.

Think Partnership Inc. is currently priced by the market at 0.00 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.

With a share price under $50 a share and earnings per share below $1 a share, Think Partnership Inc. is unlikely to be an interesting value proposition.

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