HI Dire AussieI just bought some today at 1.75 LOLI have been...

HI Dire Aussie

I just bought some today at 1.75 LOL
I have been using Martin Roth's top stocks 2009 book as a guide for share purchasing and then looking for undervalued stocks in the list.(he is quite conservative) MLB came up. -and what impresses me the most is that he never seems to have lemons on his list like BNB, Allco, Asciano, even Wesfarmers is off the list. Bell Direct also have a buy on it -saying the stock has been marked down due to short term pressures -but people are not taking into account that what MLB have been doing recently is for medium to long term.

sorry -don't know much about hedging -but have noticed stocks such as MLB, Infomedia, QBE getting hit due to appreciation in aussie dollar -but my gut tells me people will start realising how undervalued these stocks really are -with or without dollar appreciation.