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The lower the better. Why should a tiny mom-and-pop insurance company in a dying sector trade this high? ITIC could be a $20 stock.
I agree. It would be speculative at $20 per share, but at that price I might buy fifty or even one hundred shares. Do you think I should hold out for mid-teens before dipping my toes in the water?
PJ & astral:I have placed a "mental" buy order at $15.Isn't that comical? A person of my low intelligence placing a "mental" buy order.
I would load the truck, we're talking double digits or even a round lot, at any price below $20.