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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks -- Ignore unavailable to you. Want to Upgrade?


To: EACarl who wrote (1402)3/18/2009 2:38:06 PM
From: Elroy  Read Replies (1) | Respond to of 1931
 
CHDX is in no way a low price to cash play. The current quote is about DOUBLE cash, and that's before you take into account their DEBT.

Well, I brought it up when the stock was ~$3.60 less than a week ago. They have about $3.20 net cash per share. I can't help it if it moved to $5.80 since then.

Most of these cash plays are break even or worse, so if you find one about to report record revenues and which is profitable, don't expect it to stay near net cash levels for long....