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Federated National Holding Company Message Board

  • jdpruittjr jdpruittjr Nov 22, 2010 1:57 PM Flag

    Homeowners Choice, Inc.

    This BOD turned down an offer that would of been good for us as we see HCII now making money. When they did this they said it didn't value TCHC properly. Is the BOD being lied to by the management about the future prospects and reluctant to change it up? Why are they not running off this CEO and CFO?

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    • The BOD is a greedy bunch of AH. The get options and cash for doing virtually nothing. They little stock and do not represent shareholders. Do not own this stock.

      • 1 Reply to sage533
      • When I see a post like yours, I say "Hmmm....he never posted here before, yet he now suddenly appears with words of warning . What could be his motive?? Is it someone who looks for stocks at their 52 week low, and then bashes them, hoping to make money on the short side?" Anyway, us regulars on the board all know about this stock, and its lousy performance. We also know that the stock is selling at a fraction of its book value (book being mostly cash). We also know that it is prime for a buyout at this price. We also know that if they finally show profitability they will move back closer to book value (closer to $8). In any case, it can be very rewarding at this price for anyone that is patient (high gain with relatively low risk). Not easy nowadays to find something like this...

    • I sincerely hope they know something we don't know. That being said, right now this company has to be the laughing stock of the industry...

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