its a no brainer, page-9

Hey ninetysixer,

Good on you for buying at 70c. What intrigues me is that MUN was 94c in October and it hasn't returned to that level yet. The chart seems to plateau then rise sharply, much like a staircase.

My gut tells me it is undervalued, but what is a fair value now? What is a fairvalue in March when the first gold bars are poored? Some say $2 or $3 by the end of 2008. That's a four-fold increase in 12 months... and I think it is a conservative estimate.

Really, I can't wait until all the bad subprime news has been announced and some normality returns to the market. I'm riding the wave down, up, down... getting sick of the volitility playing hell with my profits but I guess thats the name of the game at the moment.

Pick a good stock and she will outperform the bear market and yes MUN is one that I have heard absolutely nothing bad about. I ask anyone who has true concerns to air them on this thread... no downrampers please. Institutions own a high % of MUN... follow the leader?