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The L.S. Starrett Company Message Board

pmlljl 2 posts  |  Last Activity: May 4, 2016 3:21 PM Member since: Jan 9, 2001
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  • Reply to

    Next Week's Debacle

    by dsouth7777 Apr 29, 2016 12:40 PM
    pmlljl pmlljl May 4, 2016 3:21 PM Flag

    dsouth7777:

    Your last post ends with Sentiment: Strong Sell. I think that is exactly what you should do. When you buy a stock you are choosing to be partners with the people who run the company. In your due diligence before you bought NWLI you could have and should have seen the the Moody's control NWLI. Their policy regarding dividends was obvious. And because they own a majority of the stock you should have known that their view on buybacks was going to prevail. Still you chose to buy the stock. Perhaps you should sell NWLI and buy ANAT, another insurance company run by the Moodys. It has a much higher dividend and they have increased the dividend in each of the past two years.

  • Reply to

    no stock appreciation

    by batraa Mar 30, 2016 3:21 PM
    pmlljl pmlljl Apr 1, 2016 3:09 PM Flag

    batraa:

    I can't believe that institutional shareholders are happy with zero interest rates for the last eight years either. I suspect that zero interest rates are more responsible for the lack of appreciation in NWLI's stock price than anything done by the Moodys. So maybe we should be blaming Bernanke and Yellen and all of the central bankers around the world.

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