It is odd and that's a fair statement Pagz. The market doesn't always appreciate value...banks are priced all over the map right now. Some are grossly and indefensibly over-priced ...and some are primo investing opportunities staring you in the face.
JAXB remains 'on sale' and when it moves out of Mr. Markets' blind spot..it's game on!
If you saw a $20 bill laying on a sidewalk and 50 people stepped over it before you that doesn't mean it's not a $20 dollar bill...pick it up ;)