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MEEMIC Holdings, Inc. (MEMH) Message Board

  • birch88k birch88k Aug 18, 1999 8:52 PM Flag

    too many to pick from?

    we can't always be right, just 80% of the time-HERE^^^

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    • I know when all the teachers come back to school
      this fall, they'll be tempted to sell for a quick
      profit. Don't sell!!! If you're issured with MEMMIC you
      know they will make money. This thing can only go

      • 2 Replies to wolfman48093
      • Wolfman are you there? Is anyone? If you hold any
        of the 1,000,000 outstanding shares of this company,
        please post what you know.

        PICM is slowly buying
        this company for a fraction of its real value. If the
        sahreholders don't become involved they should not complain
        when there is no market for their shares but PICM.

      • MEMH's president is a director of PICM which also
        owns more than 75%+ of this company. He also also
        purchased more than $1,000,000.+ of the stock on the
        offering. In addition PICM has purchased 18 blocks of MEMH
        between 9/3 and 10/21! No suprise the President of PICM
        is also a large shareholder of MEMH.

        company was a mutual until is was demutualized in July
        99. The $60,000,000 of equity was augmented by a new
        shareholder purchases @ $10.00/share. Most of that equity is
        still burried in the financials. This company is very
        profitable and has been in existance for more than 30 years.
        With new and savy management it should produce very
        nicely in the very near future. The recent financials
        are merely a taste!

        Take a look and if you
        agree - "Load up the Truck"