Tue, May 21, 2013, 2:30 PM EDT - U.S. Markets close in 1 hr 30 mins
Last report was about Nov. 12. There should be another one around the corner. Now, pj wants you to be disappointed by it and sell your shares into the gaping jaws of pj, who has found some more cash.
It's out, and I'm sorry to say that the news is fine. EPS $4; cash and securities now exceed liabilities by $27.50 per share. If we adjust ITIC's reserving practices to typical industry levels, it looks like a decent bond fund at the price. And, don't forget, they also write title insurance.Oh well, one Monday morning we'll see a writeup somewhere and ITIC will open at $100.
I guess I'll just have to suffer. No fire sale.