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Global Indemnity plc Message Board

  • gopsgaga gopsgaga Oct 29, 2009 4:34 PM Flag

    dead crap board, No messages

    what a waste, no body puts messages and crap stock, not even moves, stupid dumb stock

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    • INDM is very thin, so it's easy for the market makers to take in shares cheaply without regard to news. Today was a perfect example. But I have also noticed that the stock will then bounce back strong, so the market makers can sell, and investors will buy, at higher prices. This stock is unreasonably cheap and is due for a bounce, particularly given the time of year, the renewed interest in financials, the January effect, etc. Can be difficult to hang in with a stock like this, but it will be discovered - shouldn't be selling for a fraction of book value. Reminds me of XL where opportunistic investors were rewarded. I added to my position today crossing $7 from $6.96. Tomorrow and other tomorrows will be better. GL to all longs. Luka

    • Oh it moved today, buddy!

 
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