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since initiating the Dividend they have almost doubled it in 6 months can they now up it again and split it into quarterly's ....?
IGIC
https://sec.report/fails.php?tc=igic
how do insurance rates go when the underlying assets continue to appreciate in value??? #Inflation got to have insurance right?
don't forget the dividend growth
Go FRAZ PCHM TRCK G&S IGIC
7ish, bottom
I'm calling bottom here...
Someone is selling even at this level??
Not this kind of volume. Something is happening behind the scenes
Yaa and seems like the volume for this comes in once in a blue moon imo
With volume this can jump to 15+ easily. Like the r/r ratio at these levels
REDDIT / WAKKSTREETBETS https://www.reddit.com/r/Wallstreetbetsnew/comments/m7njik/igic_is_a_deep_fucking_value_play_ape_eat_tendies/
$IGIC (commons) & $IGICW (warrants)
Growing at 31% YoY
Extremely Moaty Specialty Insurance Business
Family-owned company (~29% of outstanding shares)
No debt
Not affected negatively by Covid (so not dependent upon reopening)
Specialized insurance (high profit margins)
Insurance rates are the highest they've ever been (we're seeing 20-30% gains in premiums)
Profitable
20 Year old business
Founder still very active in the company (he's 87)
Pays a dividend
$380m in cash (their M.C. is $345m CRAZY)
Repurchasing shares
Has warrants (they're a 1-1 with an $11.50 Strike)
Agreed. Due in the coming sessions..
Buy here . Whoever is selling here is impatiently cutting losses ...
You gotta wait for the dust to settle my friend. Never buy pre market
i just hold for longs still in on ftft and ebon
Boy look at the volume when it ran to 95 - just 1500 shares. Clear manipulation from the shorts. But Average down if you can.
saw this pop to 95 but got in 20
You bought at $20?
got no choice but hold till who know when lol
I am adding here stop is 7.9
Low volume selling pressure and reversal will cause a squeeze imo
buying a big block under $9 . then going to take a nap. the reverse trend will wake me up. BUUUllliish from now
Ofcourse imo
Might be short covering here or company dumping
Grabbed a couple low $10. Since it’s previous close was low $8 I don’t see an incredible risk at these prices. Should pop a little at least, from here
$IGIC: Investor Presentation....... $1.2Billion in ASSETS
https://www.iginsure.com/media/2070/igi-fourth-quarter-2020-investor-presentation-v-corrected.pdf
GO $IGIC
$IGIC: PreOpen market price at $90.......... now $10.50
Definitely on WATCH today.
https://www.iginsure.com/
GO $IGIC
You mean dropping like a scam?
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04/05/21
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