Sandy just skirted Florida, shouldnt be anything too bad at all. And I think that was the only big storm to hit Florida in the third quarter, right? The third quarter is then followed by two quarters without hurricanes, their seasonally strongest. Rate increases starts in December. Book value is $8.24/share vs a $5.45 share price, and the company is in turnaround mode. And, in the CC, the CEO stated that Citizens is offing a boatload of policies in November and December, and they think they can pick up a chunk of those.
I was 120% there with you brother. There stock was turning on a dime from $3-6 and to $10 and then they had to give two fricken cents which is even a smaller gift on some appreciation and no buyback. You haven't paid us for years and now you start us with two cents when you have over $1 in cash and supposedly growing earnings. We will come down further as more people show their opinions whether they post or not. They will be shown I bet.