Company is retiring stock with alacrity. Management has NO incentive to "cheerlead" as it aspires to buy it back as cheaply as possible. If this thing gets down into the high $70s...close your eyes and tuck it away for 5 years. End of story
You know that Jay has had his boyz in the market buying pretty aggressively the last couple days. I anticipate that will continue. Rest well at night knowing the share count is dropping and we have legions out there working every day for us to give a good return on capital over the next decade or two. Buffet loves insurance.... so do I.
You are correct sir!! Do as Freddey says: keep buying in the 80's because this stock will continue to be a safe bet to grow now that mgmt has heeded the advice of Freddey and his legions. I know I'm stocking up.