ASRV should be one of the largest positions in a portfolio. This regional bank is trading at the deepest discount on the market. It is almost one third less than its $4.97 book value. Trading at par with its book value (which is a low valuation) would represent a 50% gain. If they get bought out at market value, it would likely be for about double the current price of the stock. The stock has been above $3.00 for almost three years, giving it an awful lot of downside support. Risk/Reward Analysis: lose 10% - 15% vs gaining 50% - 200%. I'll take those odds all day long.