UVE: Looks like the investment loss of $10million amounts to .25/share investment loss based on 40million shares.
Aren't they heavily invested in gold stocks or gold ETF?
It could be a good investment (assuming next qtr investment earnings vs. losses) if it corrects a bit over the next few days after these lower than expected earnings.
Management is looking a little dubious/stupid/knuckleheaded with their concentration in only one commodity sector for their investments.
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