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Re: free_man_n_paris post# 213

Thursday, 08/04/2011 1:05:01 PM

Thursday, August 04, 2011 1:05:01 PM

Post# of 6787
I don't think so. They did not announce BK on the conference call or in the earnings...yes, they are facing challenges regarding their business and need to come to a solution with regulators, but they are still writing new business, seeking to unlock value for shareholders (their words).
PMI isn't going anywhere anytime soon.
Today's selloff is overdone, though a good buying opportunity and a good time to cover for shorts who are changing sides for the meantime. all imho