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Re: DigiTech post# 5489

Tuesday, 12/15/2009 8:32:59 PM

Tuesday, December 15, 2009 8:32:59 PM

Post# of 17739
IAE Careful here, I know some of you might be tempted to sell IAE after the runup (having watched it runup before and then fall back) but it could well be different this time. Vector Vest now has IAE in third position of the 2000 + Canadian stocks it covers. It was in 22nd position yesterday and 61st position the day before that. It's risen to that level partially because it's RT (relative timing) is very good (simply a reflection of a rising stock price but more importantly it's RV (relative value) has increased significantly in reaction to the continuing ratcheting up of predicted earnings. They put a value on it of $2.20 Canadian at this time. Getting to the top of the list while being rated as significantly undervalued, could attract a whole new set of investors and take it's selling price much higher. Of course the reserve release will either fuel the fire or put it out.

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