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I wouldn't think that we are too far away. I doubt he wants to pay for all of the filings and then wait for a long period of time. In their report they probably didn't say anything about possible negotiations because 1)Maybe they felt that wouldn't really be the right thing to do from a negotiating perspective 2)They hadn't as of the report but possibly have now
Fringe
Wrong Chart
TFN
APGE:
Goes to OTCBB tomorrow. Michael Anthony's most polished shell with 40+ filings to get it caught up.
Looks like we may be ready to go. This will see some good action tomorrow.
MSGI: Congrats man. Good instinct made you 48 grand on sells.
Very interesting article.
OT: That is what I was trying to get at yesterday but my post was deleted.
OT: Thanks guys for all of the word of encouragement on the little one. I know I am going to lose quite a bit of hair during the next 18 years.
OT: Just wanted to let everyone know that I have been out for a few days. My wife and I just had our first child on Monday afternoon. Amazing how quickly life can change. I hope everyone had fun in Vegas and isn't losing their ass in this market. Everyone have a wonderful Thanksgiving because this world, no matter what the economy is doing, has so much to offer. TFN
It would be nice if they took some of the cash and bought Lancer out of his shares. They probably could negotiate a pretty good price. Then retire them.
I was wondering the same thing.
That might be the best post I have ever seen. Thank you.
Austin whats up.
UVE: One thing I will add is that last year when the 3rd quarter earnings came out the stock dropped. I think some people were disappointed that the growth was not as strong as they expected. It was down for the week. The stock traded from 2.82 all the way up to 4.12 over the next two weeks. I'll take 30% over the next two weeks if it means we have to move down tomorrow. That would take the stock up over 11 temporarily. The stock then traded in that range for months. Only time will tell.
If it gets under 7 I will be buying more as well. The PE would be so low at that price.
UVE: Growth has slowed for sure. Rates were cut by 11% for the quarter. Considering they are still adding policies I still see this continuing to grow but at a slower pace. If and when they add other states it will make a huge difference. The other thing that 10bagger mentioned about the seller. He still has quite a few shares and will continue to sell. This will help to hold it back. Given that we should still see a little appreciation in the price given the YOY.
UVE: Perfect chart for your trading Hank!
Thanks I will check them out.
10 Bagger can you provide us with a list of other one state insurers. I am just wondering where you found that info. so you could check the PE's of one state insurers. Thanks TFN
6.4 is the right PE? I disagree but to each their own.
I don't think so. The current price is already way undervalued. The PE can't get any lower. The comp is .11. No way we don't beat that.
ETFC: Agree 100% snakeman. Hold and mold.
ETFC: Good point ari. Some people may move their money only to find they may have to move it again in the near future.
ETFC: So do you think some of the selling we saw today across the board was simply some traders starting to move their accounts? It would be very interesting to have a breakdown on exactly what transpired today and what will happen the rest of the week. ESPN type stats. Where is Peter Gammons when you need him. To me its all very mental. A mind game of sorts. Should I stay or should I go? I still may throw some cash at this tomorrow depending on how it moves in the morning. Risky but could be fun.
Death: Thanks I will relay this to him.
ETFC: Ok so I went a little overboard with the "most". The problem is how does the process work. Does it take time to get my money? Do I really want to have the headache of this if anything does happen? If it was me there isn't enough of a difference between the brokerages to even think about it for one second. I would move it just for the peace of mind. These are the things that are going to be running through my head.
ETFC: Thats my point Death. If they don't offer free trades and the like they will lose most of their accounts. By offering free give aways to stay with E-trade think what that is costing them. Either way they are screwed for the time being.
ETFC Volume 300mil Average Volume 20mil
ETFC
I called one of my good friends who I know uses E-trade. I just wanted to let him know what was going on because he doesn't really trade much and is oblivious to what is going on most of the time. He told me he has been trying to get out of E-trade for a while now and has had problems. He seemed pretty determined after I told him the situation. Who knows what the outcome will be but better safe then sorry. I agree that those brokerage accounts are probably flying out the door. Has anybody found out if they are offering anything for staying? My guess is you could get everything but the kitchen sink from them right now just for staying.
TFN
Those are out mascots. The red elephant is the symbol for UVE and the pirate, well the pirate is just to look at. You can close the ibox on each board so that when you open a board only the posts will be shown.
E-trade: So is anybody buying today?
Matt,
Welcome to the UVE board over here on Ihub. I see you made your first post. Its much more civilized then yahoo.
TFN
Ok so you reward the elephant and I will reward our new mascot the pirate. Do you think she likes sugar cane as well?
MCZ: I have been looking at that one for a while. Looks like it has turned and I would expect it to do well for the holidays. Good call Timhyma.
Latin,
I appreciate the feedback but that wasn't my point. My point was that anyone can keep screaming something and eventually they will be right. I could start screaming bull market right now and eventually I will be right.I could then say see I told you so and enjoy all of the attention when 3 years from now the market turns around. My main point was not that these things aren't happening. Like I said, on many of the points I agree with Rogue.(besides all of the conspiracies) Its not the message its how its delivered. Im done with this because there is an obvious difference in opinon amoungst some of the posters. I apologize and should have just left it alone. Congrats to Rogue for being right.
WILC: One last one that looks good and cheap.
SYBR: This is another distributor that could take advantage of the weak dollar with additional business with the overseas crowd.
DIT: They are paying down debt which is a good thing and can only help tremendously going forward. Distributors are also doing well with the weak dollar. Most of these guys sell retail, wholesale and then to each other. In other words when one distributor is out of something and the supplier isn't able to immediately deliver they will seek out another distributor to purchase goods from until the supplier delivers. These distributors are pretty busy right now selling to overseas buyers as well. A distributor from Costa Rica may come to DIT to purchase some goods for import into Costa Rica. Right now the dollar is so weak that they are stocking up. Could help DIT going forward if they are taking advantage of this at all.
You are right on that this stock is going to continue to sit at a low PE until Lancer is done selling. He still has a bunch of shares.(over 4mil) Its going to be a while until he finishes selling. Once he's done it should really help.
Since that was obviously directed at me because it was a regurgitation of my earlier post and you obviously are taking sides then I shall put you both on ignore. Thanks
Anyway, I'm part of a grassroots movement that is going to take the country back to it's "founding foundations"of Constitutional government. The movement is growing like wildfire and I've been a part of the movement since when it wasn't even heard of. We're going to take the country back from the local political level all the way to the White House. It's very exciting to be working hard to be a part of the solution!!!!
I couldn't agree with you more on this point. I agree that we need to take our country back from the career politicians around the country. You are a supporter of Ron Paul and I agree with almost every one of his issues. I am tired of politicians lying to the American people. We are so far from the Constitution that its not even in sight anymore. This I support you 100% on Rogue. I just don't understand what good it is to constantly post it on this board. You have to educate the community that doesn't understand these things not brow beat the ones that are already on board with you. So in theory I agree with you just not the way you are going about it. In a way its counterproductive.