Saturday, November 30, 2013 4:02:33 PM
Banks are the last frontier for undervalued stocks.
This has room to run up.
We should be trading at 2 x book
So...
17.98 x 2 = 35.96
Or adding in the DTA's
(17.98 X 5.22) = 23.2 x 2 = 46.4
We are 18.35 close of biz on Friday.
Lot's of room to go!
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