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Federated National Holding Company Message Board

  • daveparker0808 daveparker0808 Mar 17, 2013 8:08 PM Flag

    Think about this guys related to the buyback business....

    Why no buyback when Simberg and Miller abviously see value here. I think the answer is abvious, they want more shares on the cheap for themselves. If they put a buyback on, this thing is over $10 yesterday. I wouldn't be surprised if they haven't been pitching their story at all to analyst other than on the call when they had to. I think they are going to take this company private soon. There is no other reason. We are trading at 30% the value of FNHC invest port value with no debt and growing earnings. I won't sell them one share under $10.

    Sentiment: Strong Buy

 
FNHC
24.68-0.08(-0.32%)Jul 2 4:00 PMEDT