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Federated National Holding Company Message Board

  • daveparker0808 daveparker0808 May 19, 2011 11:16 AM Flag

    Share Buyback

    If this is the perfect time for the company to actually stand behind their statements about the future I don't know if they ever will. With the bill be signed and reinsurance amounts coming down, if insiders don't buy at these levels, then we should all see the signal. Trading at .3 book value and a ton of cash, which should be returned to shareholders and even a more healthy book of business as they claim, if they don't do something, I think we should short this thing all the way to zero and be done with Lawson once and for all. I have been in and out of this mess for 6-7 years and UVE has made money consistently when TCHC has done nothing but blamed others for their inability to return value to US. I bought some down here for disclosure.

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