is already anticipated by the investment community. Both ML and SSB mentioned write down numbers of $550-575M in their upgrade recommendations. This clears the decks...ML says UNM could double in two years with modest improvement...SSB says target is $40 in 12 months. There could be more tax selling in November, but EXPECT a solid 1Q stock performance from UNM. I'm in earlier this week at 27.
have not filed a class action against UNM? If so, maybe they too could join in the fun. This is unbelievable. They are all going to look pretty bad when this stock recovers. That won't be too far off, and some people will have wasted some very valuable time of their lives.
Anyhow, if there is a big write-off as expected, it will be the last; and you can expect a stead climb from there. They won't be fooled twice. It looks like it might be time soon to buy more.
Nobody, you just keep beating that same old, tired drum, predicting a great recovery, telling investors to have faith, telling everyone how easy it is to rebuild what Chandler has wrecked.
How about answering a couple of questions, and please be specific.
1. After all the write-off dust settles, exactly how is this company going to recover to where it was before the crash, and how long do you predict it will take?
2. The company must improve sales everyone would agree. When Chandler has failed to consistently to do that in the past with Provident or Revere, what is he going to do differently now to ensure sales growth?
No BS, Nobody. No happy talk. I have asked you these questions before, and your answers have been long on hipe and short on substance. Tell us why we should invest another dime in this company with everything we now know and with all the ticking time bombs that may or may not be defused over the next several months.