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Re: atotalbum post# 16258

Monday, 08/22/2011 8:04:13 PM

Monday, August 22, 2011 8:04:13 PM

Post# of 16584
was mine too until last year - besides 1 brief runup that quickly corrected it was a death trap (I know cause I was stuck in it). Big difference as there is nothing that really connects them to Florida and Pinnacle Roofing anymore. That was where the hurricane angle always came from during Katrina years and beyond, but they got kicked out of the state and no longer BBB compliant and if anything, may have some kind of hail damage operation up in Colorado and nothing else.

BUGS isn't factually great either so its pretty much follow the volume at this point. I only have shares of BUGS between those two, but personally, I will stick with GV as the real hurricane investment. They made big earnings with Katrina and with offices in South Carolina and Florida, they can and likely will see true business from any landfall and the share price will be more than just a brief pump up. Any business spinoff PR and I think it goes at least to $1, and $2 wouldn't surprise with only 22m float and no history of dilution. It's trading way below book right now.
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