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Investors Title Co. Message Board

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  • astral_tsar astral_tsar Feb 19, 2007 1:09 PM Flag

    4th Q, 2006

    A bundle, if you promise to panic and sell them back at 40 a year or two from now! How about it?

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    • If you enter a market sell order for your entire holding 2 or 3 minutes before the market closes today you may cause the price to begin moving toward 40. If I bought any I might forget by a couple of years from now to panic unless you reminded me then with some message like, "Don't forget to panic today!"

      • 1 Reply to pjv2xyw9dww4b5
      • Hi astral and pj:

        I am still hoping that one of you guys will "panic" ITIC down to $15. Probably not gonna happen.

        Nevertheless trouble is starting to show up in subprime lenders along with the slowdown in housing.

        My current thinking is that this is going to be a long, drawn out affair. It took this balloon a long time to inflate to its extreme dimensions and I think it will not deflate to its ultimate end quickly. The length and size of the bubble created a lot of true believers.

        I will wait patiently.

        Hope you guys are doing ok. Winter is nearly over pj. Hope you computer didn't freeze up under the bridge.

 
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