Rex American Resources Corp. (REX)

REX American resources has a book value per share of $25.18, and currently trades at $16.75.  I believe this is a value play and worth around $20.  It's P/B ratio is a .64.  Technically this looks like it is setting up a long play.  Once the $17 resistance is broken, a nice uptrend should form and take this to the June 2010 high of $19.20.  I believe their is a nice 17-20% upside to this.



via StockCharts.com
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