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BOOM has uneven earnings and the first quarter was bad but I know of no reason for the stock to have fallen as hard as it has.

The company apparently has good cash flow as it just declared an annual dividend of 15 cents per share:

The backlog is pretty impressive.

As far as investing in financials, who knows when the next shoe will drop or where the bottom lies. I got burned in this area by buying in too soon. I however took most of my losses and repositioned some of the money in Capital Source (CSE).

-- Mark --
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