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Old Republic International Corporation Message Board

  • ou71764 ou71764 Oct 7, 2008 7:43 PM Flag

    Stock price held up

    So far, it's up this week. Yes, ORI did fall last week. But maybe ORI has bottomed since it didn't have any follow through selling this week when the rest of the market did. And it's well above its low.

    Now, I hope I didn't just jinx the stock!

    But I can't see any reason for it to be priced so low. Assuming the economic world doesn't collapse (that was a little tongue-in-cheek since I think the media and the politicians are being absurd), I think it will make a move to 16 per share again. No, not tomorrow! But not years from now either.

16.65-1.80(-9.76%)Oct 27 4:01 PMEDT