Bank Of America: Undervalued Or Overvalued?

Bank of America stock has come roaring back from the brink, and over the past 12 months is up a whopping 65%, substantially outpacing both the S&P 500 and most bank stocks as well over the same time period.  Many analysts also have a buy rating on the stock.  Is the stock cheap here, or will it pause to consolidate it gains? I must state from the outset that I and family members have long held positions in Bank of America stock. We are currently in litigation with Bank of America relating to the 2008 merger transaction with Merrill Lynch.

http://www.forbes.com/sites/richardfinger/2013/05/07/bank-of-america-undervalued-or-overvalued/

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