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The book value is $30+ for christ sake, it aint going BKrupt.
When fear is at its peak, that's the time to buy. This company is solid, look beyond this one event.
I remember seeing 2010 earnings estimates around 20-30 bil., and this escrow will be paid into slowly. Plus they don't plan on paying dividends until 2011.
It's trading at a 4 PE atm!
It is a falling knife, but daily and hourly technicals have turned. Looking for a big enough bounce to turn the weekly and monthly charts!
disclaimer: Bought 1,000 shares at $30.50 last night, stop set at $30.63. At this point, can't lose 8^)
Good luck to everyone whos holding long, and I hope everyone who's effected by this gets a fat chunk of that 20 bil.
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