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Re: PlayInTheGreen post# 210

Monday, 07/14/2014 4:39:34 PM

Monday, July 14, 2014 4:39:34 PM

Post# of 419
Every now and then someone comes along with a great analysis such as yours. I get exactly what you are saying, longterm we can expect 20-30% rate of return for the next five years. I also see the going well above $1 PPS within three years. I have been in this stock for over a year and bought near last summers lows, then watched it go to .40cents back this spring, still I did not sell a share. In fact, on the recent pullback I bought more. Now this is my second largest position as I have no reason to sell under $1. Einhorn, is in this company Big, maybe his largest holding over AAPL. The fact, is smart value type investors know this is extremely undervalued and the profit potential is large in the years to come. This for the patient investor and not flippers or people trying to get rich overnight. You'll never time this one exactly right. Best thing to do is accumulate at low levels before it zooms up again. The last I checked the bank has a .5-1 book value and an extremely low P/E. IMO is best to buy stocks where if the market were to close and re-open in 5 years you'd know for sure your stock would be way up. This is ALBKY. Its too big to fail and the IMF (mostly German funded) will make sure they get their money back! Good luck longs. Hold, Hold and Hold this one for much higher longer term prices! 3-5yrs min!
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