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Investors Title Co. Message Board

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  • pjv2xyw9dww4b5 pjv2xyw9dww4b5 May 9, 2006 12:53 PM Flag

    the price at which I bail out

    My current ITIC position is about 7/8 of its all-time maximum size (measured in shares).

    My personal goal with regard to future ITIC share transactions is not to sell unless I really, really think that the price per share that I'm getting for the sale is more than the value of a share--in other words, to avoid thinking this way: "I'll sell for 50, not because I think a share is worth less than 50, but because I hope to rebuy below 50."

    I really do believe that selling for 50 now will be regretted a lot in (...pick a number...) 2010.

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