what do the prospects for this company look like in 6-12 mos? Being in real estate I know what's happening in the market and that can't bode well for title insurers... possibly looking to short.
how's the management and reputation of this company?
now volume has screamed past 2000 sh.!
We're forming a convoluted triple hammerhead inverted cobra snake formation, perfect for shorting, if we can get just one more trade at 42.75....
I think ITIC is likely to have a year or two of very poor earnings when the real estate boom dries up. That's what happened to ITIC when the last big real estate boom tanked ca. 1991. And a lot of ITIC's highest-margin earnings come from refi (I believe), so assuming the rising-rate environment continues, that will cost them earnings too.
Hope that helps. I can't say what you should do, but it would be great to have a regular short poster on the board here.