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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (44422)9/20/2011 3:55:34 PM
From: Spekulatius  Read Replies (2) | Respond to of 78644
 
re UBS - i agree it's tainted and i don't own it. my informal target price would be 10$/share (nice round number) and I would like to see solid evidence, that they indeed shed their investment banking operation. I believe their remaining wealth management operation is much lower risk and would be worth more than the company is valued right now.

Even the squid (GS) trades at 0.8x tangible book and nobody cares. Bank stocks may be in for a long ice age.