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The Allstate Corporation Message Board

  • gxstockholders gxstockholders Mar 13, 2012 11:36 AM Flag

    If,......If The Market Holds Well..........

    This is the (ALL) price point now approaching a place where it will again be necessary for shorts to re-evaluate their positions as to whether or not they over reached, over stayed, under evaluated the industry and if they are willing to sweat it out and more likely than not, pay out at least the next upcoming dividend payment.

    It is still up to the weather and the general health of the market(s) and economy that will determine the new lows and highs to come for Allstate barring any unforseen major mistake by the C.E.O. and/or B.O.D. of Allstate.

    SENTIMENT: Consider only holding shares bought at a cost basis average below $26.00 (3.38% yield) otherwise a continued SLOW SELL into the highs before the usual summer weakness or any additional higher than unusual spring extreme weather damage events mount up.


68.39-0.10(-0.15%)Sep 26 4:00 PMEDT