Bought some....and am trying to get some mpre around 337.
Since the opening bell last Friday...in less than two full trading sessions.....WTM has lost about $120,000,000 in market cap. And they were not mentioned at first blush as being taking a Re policay in the cruise ship......and it is really looking like a case of Gross Negligance by the Captain, so the isnurers might get off the hook after court fights.
So I took some. Book of WTM will be up. Reports Feb 3?
I still wonder of WTM has a deal in mind with all that new cash..instead of just buying back their shares. If they do, it would hit the stock. But a loss of $120 million in 1.7 trading sessions???
How about some help WTM! Do you have any Re policies of the cruise ship?? shareholders would like to know.
Now 4436 and change bid. I bid for 50 shs at 437, no fill. Got some a bit higher.
It's weird to do odd lots, but I find it safer in WTM to build like that. You get a better average. If you tried with 100 or 200 share lots at a clip, it would add up to big money pretty quickly.....well, for "retail" that is.
I think for a possible, up to.... $1 billion disaster, we have the right to a comment from WTM. It's a big number.....and it sure reeks from Friday and today that someone "knows something" we do not.......and they are in a large rush to sell WTM. And I scares me a bit that I am the "chump" on the other end of their "dump".......and they have privilaged information we (I) do not.