HRTG Sold ==> Yet another winner for the greatest stock picker ever

[rickflyboy]

I sure hope you are right, I bought at $16 and it has been down ever since.

[Lucavia123]

Wow... this is super cheap. If you have a year you should easily double your money.

[jiesen]

First significant up day I can recall in a while.

yeah, and it's about time, eh?

[Louetta]

First significant up day I can recall in a while.

[jiesen]

$11 in BV, almost $7 in cash... plus, the P/E of this stock is about 4, and they'll make about $6/shr over the next two years. Yeah, they came out a quarter short this time, but they should have no problem making it up. $12 or $13 is a steal for HRTG, imo.

[Louetta]

Methinks the share repurchase of $60 m (thru 2017, I guess) is about 15% of the market cap which is decent, plus increasing the dividend, makes this a hold. Tried to buy a little more at $12.03 this morning but missed.

[jiesen]

ah well that does explain it... I guess you win some and you lose some, then. At least the losses are a temporary Q1 thing, just as long as there aren't any more big storms!

[Lucavia123]

wonder why they're missing the Q1 EPS estimate... there still haven't been any big hurricanes lately, right?

Tornado season did them in.

http://www.bizjournals.com/tampabay/blog/morning-edition/2016/05/storms-dampen-the-bottom-line-at-property-insurers.html?ana=yahoo

[jiesen]

wonder why they're missing the Q1 EPS estimate... there still haven't been any big hurricanes lately, right?

[Louetta]

Oops .....

[jiesen]

and so I doubled up on my HRTG at $14 today.

[jiesen]

If you look at the chart around June 2014, there is a lot of support/resistance around the 13.75-14 area. This may be a good spot.

yes, I think so too, and at $14 here I just may need to pick up a bit more HRTG.

[mimo_100]

MrMkt sold HRTG on 10/21/2015 for a nice profit. Here are a few still in the corral.

SFBS looks like a better buy here around 45.50 - huge upside volume on April 1. MM bot at 46.72.

DY looks higher - now at 67 AROON turned up at 60. Looking to break thru the 200 day MA at 70. MM bot at 77.80. Double top breakout on April 11 at 67

CACC at 177.25 - below both 50 and 100 day MA. MM bot at 234.95.

LXFT at 52.75 - below both 50 and 100 day MA. MM bot at 78.61

[mimo_100]

If you look at the chart around June 2014, there is a lot of support/resistance around the 13.75-14 area. This may be a good spot.

[Louetta]

Still haven't figured this one out. Approved now to do business in Georgia, an application in in Mass. Yet the stock price continues to suffer.