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Federated National Holding Company Message Board

  • pshore42 pshore42 Feb 28, 2014 9:46 PM Flag

    Sell?

    Anyone considering selling? Have been holding long term.

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    • jatink@sbcglobal.net jatink Mar 1, 2014 2:09 AM Flag

      I think this stock has more upside. And if they continue to peform the same for a few more quarters, they will most likely go back t double digits quarterly dividends. That would attract more buyers.

      In the retrospect, it confirms their faith in business strategy when they turned down unsolicited low-ball bid of $7.5/share. there were many posters here who were disappointed in that move as share price lingered in low single digits for quite some time. I am glad I did not sell in to that. Now it is shining like a star in my portfolio. I will consider selling some in to 20s mainly to keep it from becoming big part of overall portfolio.

      Good luck to you

      --JK

 
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