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Old Republic International Corporation Message Board

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  • ori.investor ori.investor Aug 2, 2012 7:11 AM Flag

    CEO buys shares

    No, that's not me, LOL! Thanks, millionaire next door, for nicely saying I'm a bagholder and not a pump and dump. :)

    It is a little funny that you'd think anyone thought that, given this is a large corporation and the m.b. goes weeks - or months - at a time with no posts. What's unusual is that it is getting activity now. A pump and dump gets on a micro cap m.b. and feeds it all sorts of positive reports, day after day. to try to get a temporary pop where he can sell. I'm d.c.a. into a large cap as it falls. Al can't get the price to go higher, so I know I'm not going to try. I'm just a value investor. And I own other stocks.

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    • the_millionaire_next_door the_millionaire_next_door Aug 2, 2012 10:18 AM Flag

      I meant it as a defense of your character. Sorry if it came out a bit clumsy :-) I'm a bagholder as well. I bought originally at about $33 pre-split back when the dividend was around 2% (but getting increased significantly every year).

    • Hey ORI.INVESTOR....you're a solid guy....you can take a punch and a joke....

      but since I have a reputation to live up to: Aldo's purchases are no more than reinvesting a quarter's worth of dividends so no new capital going to work (yet) so it does not really impress me all that much but glad to see he did....

 
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