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  • Lucavia123
    Senior Member
    • Oct 2011
    • 534

    Hrtg

    I purchased this baby today. I liked the numbers and the chart.

    Can anyone provide me with their thoughts on this one?
  • jiesen
    Senior Member
    • Sep 2003
    • 5319

    #2
    looks pretty good to me, the growth projections are off the chart! and the chart looks nice, too.

    great find, Luc!

    Comment

    • investorone

      #3
      especially with the new breakout into 4 states to add to FL, this looks to be a great stock to own and in fact bought it yesterday as I can see it going to 30.

      Comment

      • jiesen
        Senior Member
        • Sep 2003
        • 5319

        #4
        I bought some today at 26.5, and I think $$MM will be getting this one too, sometime next month in the 30's. I'll happily ride it all the way to 40 from here.

        Comment

        • Lucavia123
          Senior Member
          • Oct 2011
          • 534

          #5
          On sale today!

          Comment

          • Louetta
            Senior Member
            • Oct 2003
            • 2331

            #6
            Originally posted by Lucavia123 View Post
            On sale today!

            Mayhap. All I see for news is one analyst's downgrade to market perform.

            Comment

            • blindsquirrel
              Senior Member
              • Sep 2014
              • 286

              #7
              I took a bite this morning at $25. I wanted to buy it last week, but held off hoping it would give me a chance to buy at a discount. I like it at these levels... I hope it is done dropping now.
              Math doesn't lie, but people do.

              Comment

              • britincali
                Junior Member
                • Aug 2015
                • 1

                #8
                Dropped like a brick today even with good 2nd Quarter:

                37% increase in gross premiums written in Q2 2015 as compared to Q2 2014
                114% increase in net premiums earned in Q2 2015 as compared to Q2 2014
                30% increase in policy count compared to Q2 2014
                Net income of $25.4 million for Q2 2015, an increase of 166% as compared to Q2 2014
                Gross combined ratio of 71.1% for the quarter

                Why?!?!?!

                Comment

                • Louetta
                  Senior Member
                  • Oct 2003
                  • 2331

                  #9
                  Originally posted by britincali View Post
                  Dropped like a brick today even with good 2nd Quarter:

                  37% increase in gross premiums written in Q2 2015 as compared to Q2 2014
                  114% increase in net premiums earned in Q2 2015 as compared to Q2 2014
                  30% increase in policy count compared to Q2 2014
                  Net income of $25.4 million for Q2 2015, an increase of 166% as compared to Q2 2014
                  Gross combined ratio of 71.1% for the quarter

                  Why?!?!?!
                  They filed a shelf registration on 8/5 on the SEC site for $400,000,000 worth of various instruments. For a company with a market cap of $600 mil this could result in fairly serious dilution. The thing that would trouble me is that only the pros would see this yesterday on the SEC site. It is only after hours today that it appears on (e.g.) Yahoo.

                  Comment

                  • jiesen
                    Senior Member
                    • Sep 2003
                    • 5319

                    #10
                    yeah, sounds like a little leakage of the banking info in play here. takes quite a few players to hammer out $400M worth of financing. can't keep every mouth shut, I guess... hope this doesn't wind up sinking the stock for good, as I've already bought it!

                    Comment

                    • riverbabe
                      Senior Member
                      • May 2005
                      • 3373

                      #11
                      Originally posted by jiesen View Post
                      yeah, sounds like a little leakage of the banking info in play here. takes quite a few players to hammer out $400M worth of financing. can't keep every mouth shut, I guess... hope this doesn't wind up sinking the stock for good, as I've already bought it!
                      So have I. Ouch.

                      Comment

                      • Louetta
                        Senior Member
                        • Oct 2003
                        • 2331

                        #12
                        I declare this a buy at 20.0x. The people who saw the SEC notice Wednesday night sold Thursday morning. The people that saw the Yahoo, et. al, notice Thursday night sold this AM. The selling is done. Yes there is some dilution but the business has not changed and the numbers are good.

                        Comment

                        • jiesen
                          Senior Member
                          • Sep 2003
                          • 5319

                          #13
                          agreed. I'm getting more here at $20.

                          Comment

                          • billyjoe
                            Senior Member
                            • Nov 2003
                            • 9014

                            #14
                            Originally posted by Louetta View Post
                            I declare this a buy at 20.0x. The people who saw the SEC notice Wednesday night sold Thursday morning. The people that saw the Yahoo, et. al, notice Thursday night sold this AM. The selling is done. Yes there is some dilution but the business has not changed and the numbers are good.

                            Selling may not be quite done.

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

                            Comment

                            • Louetta
                              Senior Member
                              • Oct 2003
                              • 2331

                              #15
                              Originally posted by billyjoe View Post
                              Selling may not be quite done.

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

                              Mayhap....

                              Comment

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