Good call.
As in the past, with the current crop of management it appears to still be a safe bet TIV will go down over time, rather than up.
I wonder where the next stock sale will take place?
Man oh man, there have been so many 'larger' investors over time, remember that Golden Palace deal? I forget all the other names, of course T. Gamble is one of the largest. Unless they all made money shorting TIV or via some esoteric play on derivatives, I can't see how any of them could possibly be anywhere other than deep underwater on their investments.
Do you know how any of these 'investing' entities could have actually made money on their public investments?
jonesie
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