HCI Sold ==> 25 Winners in a row

[tiedyed1]

HCI has pulled back to 46.78 today on news that they are entering the Flood Insurance market.
While Flood insurance has been a hot topic (with negative connotations), I see this as an expansion of product line and organic growth.

I still like this one and hope to enter a new position soon.

[riverbabe]

HCI has pulled back to 46.78 today on news that they are entering the Flood Insurance market.
While Flood insurance has been a hot topic (with negative connotations), I see this as an expansion of product line and organic growth.

I still like this one and hope to enter a new position soon.

I'm watching it too. Also like it. GLTA

[tiedyed1]

I bought yesterday at 46 and this is once again setting up as a intra-day swing up towards 50 again very fast.

[billyjoe]

tiedyed, I'm also looking for another 15% at least.

-----------billy

[tiedyed1]

tiedyed, I'm also looking for another 15% at least.

-----------billy

Billy, we are back up at $51.50, already up 12% in 4 days.

[billyjoe]

Billy, we are back up at $51.50, already up 12% in 4 days.

tiedyed, The only trouble with HCI is when I try to get quote it's hard to read because $$$$$ comes up.

------------------billy

[tiedyed1]

tiedyed, The only trouble with HCI is when I try to get quote it's hard to read because $$$$$ comes up.

------------------billy

I hear ya Billy.

I got back in at 46 less than 2 weeks ago and now being up 15% (again) is making it very hard to push the sell order, especially with that nice alert from Zachs today it is now approaching 53!

-Adam

[billyjoe]

I hear ya Billy.

I got back in at 46 less than 2 weeks ago and now being up 15% (again) is making it very hard to push the sell order, especially with that nice alert from Zachs today it is now approaching 53!

-Adam

Let her run ! It doesn't know what you or I paid for it. Looking at it's chart, Mr. Market paid 41.73 on Oct.18th but on April 15th it was just 25. Heck, it could hit 100. No consolidation yet and no bad earnings reports. Earnings and sales estimates have been revised much higher for next quarter just since Mr.Market sold.

---------billy

[tiedyed1]

Let her run ! It doesn't know what you or I paid for it. Looking at it's chart, Mr. Market paid 41.73 on Oct.18th but on April 15th it was just 25. Heck, it could hit 100. No consolidation yet and no bad earnings reports. Earnings and sales estimates have been revised much higher for next quarter just since Mr.Market sold.

---------billy

Very true. Earnings and sales estimates have been revised much higher, and you will rarely meet a poor insurance company...lol.
With such a low PE it only makes sense to hold and thanks for your feedback. Hearing from others is always appreciated to assist my thought process and make the most logical choices.

-Adam

[tiedyed1]

Added at 46.00 today...

[billyjoe]

tiedyed, I think that's a good move. After all it's an insurance company. Nothing terrible happened today that would result in such a drop. It should recover maybe as fast as it declined. I'd buy more if I had some free cash today. Fundamentals haven't changed.

----------------------billy

[tiedyed1]

tiedyed, I think that's a good move. After all it's an insurance company. Nothing terrible happened today that would result in such a drop. It should recover maybe as fast as it declined. I'd buy more if I had some free cash today. Fundamentals haven't changed.

----------------------billy

I agree. I am aware of the short pressure on this stock but taking the other side.
I added more today at 43.50.
Long & Strong HCI
-Adam

[tiedyed1]

....and I doubled down on total position at 39.62 today.
(I do like adding on dips but if this keeps up I may have to attend a shareholder meeting!)
-Adam

[billyjoe]

tiedyed, Check out AAL. It continues to go up every day. An awesomely strong stock. I get more shares next Monday at the 60 day from merger mark of AAMRQ and LCC. Got 31 shares in last distribution. Share number determined by average price each 30 day period. Looks like at least 30 more with the 90 and 120 day distributions remaining. This should be profitable. Started out with $3000 of AAMRQ. Currently have $1562 with 3 more payouts.

----------------------billy

[tiedyed1]

tiedyed, Check out AAL. It continues to go up every day. An awesomely strong stock. I get more shares next Monday at the 60 day from merger mark of AAMRQ and LCC. Got 31 shares in last distribution. Share number determined by average price each 30 day period. Looks like at least 30 more with the 90 and 120 day distributions remaining. This should be profitable. Started out with $3000 of AAMRQ. Currently have $1562 with 3 more payouts.

----------------------billy

Hi Billy.
I entered AAL at 27 in early January. Together with DAL and SAVE comprise my airline basket of stocks I am happy to hold for now.

This recent dip in HCI seems like a no brainer to me so I am heavy HCI for now; but with the small float, and as it constantly demonstrates, should bounce back with a vengeance.
I am also checking out UVE. Another FL insurer that is expanding business.

I do tend to accept higher risk / reward potential than most I know, and do not win them all. But as long as I am patient it usually does pay off.
-Adam
Old Hippy & Mortgage Pro