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.