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National Western Life Group, Inc. Message Board

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  • pmlljl pmlljl Nov 21, 2012 2:20 PM Flag


    batraa &bbarberayr:

    Well, I respectfully disagree about the potential importance of short sellers to the recent rise of NWLI's stock price. Yahoo reports that at 10-31-12 there was a short position of 51,000 shares and that NWLI's trading volume was less than 5,000 shares per day so that the short position was equal to 12 days of trading. We do not know how many shorts have covered, but the potential could make a fairly important difference to this thinly traded stock in the short term. I say this because, in my opinion, this stock was grossly undervalued and that the short position should be ZERO.

207.12-1.43(-0.69%)9:30 AMEST