GREY:IMRSQ - Post by User
Post by
erasmus2010on Feb 15, 2012 6:48pm
339 Views
Post# 19540091
Market Cap/Order backlog Ratio vs. share price
Market Cap/Order backlog Ratio vs. share price
I use the ratio of market cap divided by the order backlog as a valuation metric and chart it against the share price. You can see the graphic here; site response may be slow so be patient.
https://www.investorvillage.com/smbd.asp?mb=16386&mn=474&pt=msg&mid=11453903
My conclusion is buy! But use your own judgment. I also think that the huge block of stock that cleared on Friday is a buy signal by itself. Overhead supply gone, valuation cheap, room for some upside. You may ask but what about the 4th quarter to be announced soon, it could be ugly; you would be right but I think that is already discounted in the market.