Can you believe it. Company has lost approx. $4billion of market cap. I agree a lot on uncertainty out there.
Really strange! More bad news with AM Best doing a review with possible debt down grade, could have huge negative affect on company's debt. just waiting on the side lines.
I agree with other posters you are intitled to your opinion. As well as the rest as long as your not paid to post. I've been a long time holder of Navb with an avg. of $3+. Have always believed it had huge potential as I watced the price drop. This price turn a round is great & I believe it's just the beginning as shorts accelerate their covering. GLTA longs and have a joyous holiday season.
Top management have protected themselves in case of change in ownersihip. top ones get 2 1/2 times their salary & I believe 2 Times their projected bonus, Not bad for company losing a few billion of market cap. Due your own due diligence. Not sure what I'm going to do.
Good post! Maybe speculatively, however a lot better company then when stock was selling for $3-$4+ a year ago. I'm holding my 20,000 plus shares for the big reward. GLTA longs.
Your right! Brokers work both sides of the street. Always a win win for them & most of the time retail guy gets worked over.
Pre market shows 45 cents between bid and ask. Be interesting day. Shorts have to be lining jup to cover.
AM Best putting GNW under review for possible downgrade can't be positive. Be interesting to see how the market reacts to this.
This should continue to be fun as shorts start bailing. Before this run I said stock is way undervalued. A lot stronger company when it was trading for $3-$4+. Now the market knows this. we longs have a huge winner.
Your right I purchased several thousand shares between$1.50 & $2 then sold in the $7 range. Bought back @ $5+ then sold out @ $16.50 to $17.50. Not sure re-entry is, but we're close. Nice little package for top exects if there is a change of contol & they get put to pasture.
can't believe we can't hold over $6. Every time we get over $6 the market brings it down. However having said that, each time we seem to go a little Higer. Maybe before the day ends we will go back to$6-+ & hold it. IMO, company has a huge amount of positives going for it. GLTA longs.
Is that a squeeze I see on the horizon? Could be a disaster for the shorts. GLTA longs. Looking good today.