Perhaps you have a detailed opinion of why you disagree with the market's valuation of DOW. However, to only state that DOW's valuation should move toward Huntsman's leads me to believe that you are using the relative valuation of HUN and EMN to determine the appropriate valuation for DOW. A dubious assumption, since DOW's market cap is 12 times greater than HUN and 7 times EMN.
Dow Chemical's Next Move [View article]