All I can tell you is that FNF is positioned to take-off with the improved healthiness of the real estate market, even a small upturn. There are signs of a recovery beginning to occur, too. In the meantime, these guys know how to manage their costs and production capacity. Patience.
If I bought stock for a living, I would have bought in November. Even still I would buy at $14 or $15. This will be worth twice as much in the next 3 years. I would be concerned if it went up too fast. I've been in the title business 30 years. FNF might make it's employees angry at times when they trim the fat, but those that don't will not survive in lean times. In the acquisition of Landam, they kept the top producing low maintenance employees happy. Even decision making management seems to have reconciled and adapted to each others differences, making FNF stronger than ever. FNF and FAF are both fabulous investments. FNF is a lot less expensive right now because some buyers haven't watched the trends for the industry the last 30 years. For those of you that buy now, please track me down in the future to reimburse me for the tip :)