IMHO you touched on one of the best reasons to own this stock. This is a truely undervalued stock and a terrific growth stock for the future. I think we are going through a transitional period where the supervalued S&P 10 are so high that the MMs are getting scared of hights. The only direction rates can go is up, and with every hint of a hike, the high PE stocks move closer and closer to the edge of the cliff. The money managers know that it will be harder to ride the wave and that picking the right stocks will harder and harder. I expect that as the big caps flatten out this stock will rise due to MMs seeking better valued stocks as seen with TIER moving up with higher volume today in a down market.
We have just begun a nice upward movement comming off a solid foundation. I do not think a double in price from here would be unreasonable.