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overvalued |
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While the long-term fundamental outlook for the crude oil market suggests prices are overvalued, fear of ANY supply disruption is strong enough to keep prices inflated. Analysts have said that the company, trading recently at a lofty two-and-a-half to three times its revenues, could be overvalued in the marketplace, where many acquisitions have been lower priced. California and Florida accounted for 17 of the top 20 overvalued markets. |
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