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Re: book value shows this stock undervalued by 50%
There are some technical indicators showing that the market is in the start of an upswing. For long? Who knows. The markets have been going up the last few days and it is a leading indicator that economy is turning around. Last night on 60 minutes Bernanke thinks we'll bottom this year. Watch the world price of oil as well. If both go up and the price of gold goes down I think that will bode well for oil and gas companies in my view.