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Investors Title Co. Message Board

  • pmlljl pmlljl Jan 11, 2006 6:45 PM Flag

    I'm ruined

    Yesterday HORT had a post closing asked price of $9,000 per share and I thought I was rich. So I went out and bought a mansion, a Rolls Royce, an upgraded personalized Boeing 727 and some high end jewelry. Today HORT closed at $3.28 @ $4.00. I don't have enough money to refuel may jet plane. I am crushed!


    Are you guys interested in making bids on my new toys or should I go straight to EBAY? I am asking you first because I know you have big holdings in this high-flying ITIC. When ITIC's p/e equals GOOGLE's p/e you guys will be hanging out with Donald Trump, Martha Stewart and Jim Cramer, America's great business people and you won't want to communicate with me anymore. Sigh!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • May astral_tsar and I have a joy-ride in the jet before you get rid of it? You can pick me up at McCarran.

    • Glad that I've impressed you as a high flier. Consistent with that image, I'll be the high bidder for HORT in AH today, $0.02 cents per share. My broker says I can afford HUNDREDS of shares at that price, so don't be shy!

      • 1 Reply to astral_tsar
      • HORT quote back to $9,000 per share today. I'll probably refuel tonight and fly to Vegas and spend an evening at the Palms with my posse and retainers.

        I hope I can find a way to dial back the volatility of my portfolio. I don't like this daily rags to riches and back routine.

        Astral, I don't think I want to sell at $.02 per share. However, I thank you for the generous offer of 200% of the quoted bid price.

        I was out walking around HORT's acreage today and talked to a guy who told me that HORT is a good, well managed company. He said that HORT has patents on the plants they sell to the Irvine Company and that, theregfore, the Irvine Company can't buy them anywhere else. I don't know if he has a clue what he is talking about. I don't imagine he has ever even seen a financial statement in his life. If HORT has patents on its plants and is so well managed, why doesn't it make some serious money. Anyway, I bought it for the land value.

        Ciao for now.

 
ITIC
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