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White Mountains Insurance Group, Ltd. Message Board

  • snogreen snogreen Jan 17, 2012 2:43 PM Flag

    bought some

    Bought some....and am trying to get some mpre around 337.

    Since the opening bell last 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.

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    • 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.

      we deserve a comment...WTM mgmt!

799.66-6.34(-0.79%)May 27 4:02 PMEDT