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Mercury General Corporation Message Board

  • bstanga1 bstanga1 Jul 22, 1998 11:38 AM Flag

    MCY is a STEAL at this price level!

    MCY is a stock which is undervalued by at least
    50% of its current asking price of 68. At 64 I am
    going to accumulate even more of this stock. So what if
    merrill lynch downgrades it--I'm thinking longterm and
    serious price appreciation here. MCY has destroyed the
    S&P 500 and will continue to do so as it GROWS 20% A
    YEAR. I talked to an anayst that said that a fair
    asking price for this stock would be over $100--I'm just
    going to wait until wall street catches up. Good Luck!

49.79+1.72(+3.58%)Feb 12 4:02 PMEST