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Tower Group International, Ltd. Message Board

  • cabogordon cabogordon Sep 27, 2013 12:11 PM Flag

    The company needs new MGMT and MORE reserves. But, its still a business worth the efforts

    look for a top tier player to acquire, re-adjust risk postions , bring in more reserves. buyout will be in the 10-12 range. still very discounted to book. today was capitudulation. margin calls got taken out. i stepped up and now own 5000 shares at 8.51 and feel confortable. buying when thier is blood is not easy but its one way to really get awesome ROI. remember buffet 5bb bet on BOA. yes, he had warrants and is 10bb times smarter then me . must are. just ask my wife. but, Tower is not going BK. thier are more then a few bidders here. look for news anyday. this will be sold by long before earnings.

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2.23+0.16(+7.73%)Sep 12 4:00 PMEDT

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