That's 2 quarters in a row now that we've had a good response to earnings. Previously, the earnings were usually good, but nobody cared. Hopefully this is the start of the recognition of value here which gets us above $200 this year.
the selling was done. 140 was an aberation due to third avenue getting out. that's why i and others thought they should take advantage of this. i easily see 200s this year as long as the world doesn't blow up. we bought more on the earnings as they were solid as expected.
Hope you are right. It's been my largest position for over a year now. I'm very confident it works out, but didn't see a catalyst. I thought it's been earnings, but perhaps you are right on the fund selling.
Anyhow, looks like NWLI is moving now. Most of the lifeco's seem top be responding well to the rise interest rates - MET at a 52 week high for example.