Stock Traders PressIndependent,
Unbiased Financial Research
Back in July, the market dropped
to an intra-day low of 7400. Thirty days later the DOW shot
up 1500 points to 8900 (up 20%).
How much money did you make?
Were you sitting on your hands missing all the action?
-In July, our research Staff recommended
a profitable bank stock at $4.25.
-Within 3 weeks that stock soared 40% to $6.00!!
-2 days ago that bank stock was trading back at $4.25.
-Today, it is up to $4.60 and heading higher.
Time to BUY again here's
Last quarter this bank earned 23.5 million ($.32
cents per share).
This quarter the bank is expected to earn $.40
cents per share.
For FY '02 this company is expected to earn over
$1.25 per share!
A conservative P/E of 8 would dictate a $10.00
stock (that's a gain of 117% from present levels).
Current stock price is $4.60 per share.
Current Book Value is $5.63.
This profitable bank is trading at a 22% discount
to book value!!!!
This price disparity won't last long
This company also has over $2.00 in cash per
share (based on 75 Million shares outstanding).
It pays a dividend yield of 1.7% (comparable
to a 2 year bank note)!
This stock has all the key ingredients for a
Opportunities like this don't come around too
Fundamentally and technically,
this undervalued Bank stock is a STRONG BUY!