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Re: Knowledge is King post# 170470

Monday, 07/02/2018 6:52:43 PM

Monday, July 02, 2018 6:52:43 PM

Post# of 173936
PIH

Why I deleted PIH to me is the story changed after the 6/1/18 8k on reinsurance. Essentially the cost of their reinsurance went up 9.3 mil y/y that is roughly 2.3+ million a quarter pretax, which essentially wipes out the profit they seen last quarter. So hard to get too excited about that. Hence why I pulled the plug. Hope this helps. All is just my opinion, and I could always be wrong though.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316

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