HRTG - Anyone adding more?

[Lucavia123]

This company has amazing growth and no sign of that slowing down and yet it has been brutalized by the market. Down nearly 40% from its high without any real business reason at all. Yet the PE is only 6 with the best earnings growth in the industry.

So is anyone adding to this position at these levels?

[riverbabe]

This company has amazing growth and no sign of that slowing down and yet it has been brutalized by the market. Down nearly 40% from its high without any real business reason at all. Yet the PE is only 6 with the best earnings growth in the industry.

So is anyone adding to this position at these levels?

I'm trying to exit at a (relatively) high ask limit. To me it's dead money right now. I don't understand why it has taken this beating. Thinking maybe somebody knows something.

[mrmarket]

They know a hurricane is coming? This company prints money...as long as they sell insurance premiums, they make more money.

[Websman]

I'm still in @ 17.80. I'll continue holding for now.

[riverbabe]

I'm still in @ 17.80. I'll continue holding for now.

I have a full position at 26.50, which is why I'm not happy.

[Vixtt]

I'll get in after the hurricane season is over. Most of the FL insurance stocks are heading down, seems to be a seasonal thing.

[billyjoe]

Not I, am looking for stocks bucking the trend. Not many out there.

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

[Louetta]

I wonder if this is just a double whammy from the shelf registration announced on 8/6 and the subsequent fall in the market. If one lays a chart of SPY over HRTG starting 8/11 they track remarkably well. The shelf registration and the fall in SPY to this point are horses out of the barn. By this thinking this is not necessarily a sell here unless one thinks the market is going lower.

[Websman]

Looking better...