HEY! I thought you told all of us that WTM was crap...and that OB is crap...and especilly that Esurance is crap. I I I dunno.....
I've done well in OB,......and i've done well in WTM. I bought more WTM when I saw the quarterly results that WTM repurchased 250,000 WTM in the 1st Q. Considering that there are about 7.9 million shares outstanding, that is a big number.
I thought that WTM would sell OB first. they fooled me. They sold Esurance.
I think they will sell OB next..bey the end of 2012. WTM is smart and knows that the 15% LT capital gains rate will never be that low again. only going up. It ends 2012.
The same goes for the large stake WT owns in SYA.
when the Esurance deal closes, WTM book value will be about $520 (plus) a share. And you will still be a LOSER! bwaaaah.