WOW $10! I was going to buy here at 14, but will wait for the additional 30% drop. It is wonderful to read this Yahoo board with such knowledgeable professional stock gurus.
Barney - See yesterday's release by Company discussing enhanced reinsurance programs. So also read this with the financials and let us know your thoughts. A coincidence that this Company release came out a couple of days after my prior comment to you. It will provide you with further insight.
I sold out at $4.20 - something is going on, but I'll take my $$ and run!
You don't understand their catastrophe reinsurance - read their financials and you'll understand. Also they may have issued some catastrophe bonds. Let us know your thoughts after you do a little homework.