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Old Republic International Corporation Message Board

  • ori.investor ori.investor May 1, 2012 8:51 PM Flag

    Bought more

    Support is closer to 9.50 and 9.00, but the 7%+ dividend yield and a price under 10 was enough to get me to buy more now.

    People like Buffett and Peter Lynch have said that you need to be able to state the invesment thesis for a stock in a few sentences. I can say it in one: The mortgage obligations are going away and the rest of the company is extremely profitable.

 
ORI
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