The rating is in effect, double the highest possible rating on the normal chart, and considerably higher than consumers are accustomed to seeing on suntan lotion bottles.

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At Ockham, we currently have a Fairly Valued or neutral rating on JEF, as it traded within its historically normal range of price-to-sales and price-to-cash earnings as of our report to start the week.

FORBES: Jefferies Could Become New Lehman Or Bear On The Street In A Good Way

At Ockham, we have placed an Overvalued rating on CTL as it trades at a level that we see as out of line with historically normal valuations.

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