Profits are entry signals, alone. You never invest on a High P/E. Than 'Profits' are entry signals.

 I had said to invest in some poor's. 

They're in the hopes of getting rich.

When 1 poor goes rich it's worth a 100-1000x more, or even more or greater.

With a company that has bad profits, you can depend on a downwards trend.

More people will be selling than buying. 

Face-Value is the main speculation. 

Companies & Corporations without profits depend on stock-market-capitol. 

It is always a risk investing in a company or corporation with no profits or a high P/E. 

Trading them is a matter of buying low & selling high.

The 'Low' is the standard. 

The 'High' is the Face-Value market-value at an advantageous point. 

With High P/E's, you mostly just short. 

But with a Poor you're interested in executive leadership, annual reports, & market news or speculation.