One of Michael Burrys simple formulas for purchasing stocks (and...

One of Michael Burrys simple formulas for purchasing stocks (and yes- contrary to the media he has been buying) is cash divided by market cap. So simple but very effective of giving a snapshot of where a stock price really should be in a rational snapshot at any given time. Ours is healthy and indicates a real price excluding everything else of around 3.3 cents.
You can try this calculation on any stock if you have these two sets of data and it is surprisingly accurate when the stocks a rationally priced according to this. Another thing too is that when non holders are passionate about selling and bagging a stock, I have always found it to mean accumulate quietly. Who in their right mind would waste their time wishing a stock down which they don't own lest they want it on the cheap. The most basic of sneakiness and most amateurish, the greed belies the true intentions.