Down bigtime on no news. Fat cat manipulators are getting into position to keep pps from rising too much when good earnings are announced.
Those 2nd quarter results may not be that impressive.I do believe MCY's new application counts will be downas well as renewal retention in CA. Other carriershave lowered their rates and are going to have aneffect on profits.
I'll hang up and listen to your take on today's Q2 earnings announcement.
Is this because of takeover plans?