Thu, Aug 21, 2014, 2:37 PM EDT - U.S. Markets close in 1 hr 23 mins

Recent

% | $
Quotes you view appear here for quick access.

Investors Title Co. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • bskptkl bskptkl Apr 29, 2011 10:06 AM Flag

    6% Holder London Company Sold out

    Today's 8k indicates shares outstanding decreased by 126.5k. Maybe the company bought London Company's position. There were only 2 days with volume over 40k in the month, none over 50k. I would think they would have had to use an exchange.

    Details should be coming in 10q.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Yeah, I see what you mean. Thanks for the tip.

      Well I need to get my mind around all the latest numbers, but on that one point, buying shares at 31-32 sounds like it probably helps address my dividend concern.

      Sounds a little puzzling if they bought that large a position thru the exchanges in dribs and drabs, but better weird than not at all.

      • 1 Reply to astral_tsar
      • According to my calculations, ITIC's book value is now about $47. That is calculated by dividing shareholders equity of $101,391,884 by 2,156,078 shares outstanding at 3/31/11.

        However, I think the bigger news in the 1st quarter report is the news about expanding into Texas and the material amount of new business done there. This amounts to GROWTH which is the magical word for investors.

        I think I may have sold my shares too soon. I am looking to get back in and hoping some fearful investors will give me a chance at slightly lower prices.

 
ITIC
71.65-0.25(-0.35%)Aug 21 9:30 AMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.