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View Full Version : 20% loss in MRH


rski
10-13-2005, 12:10 PM
I dont know if I should hold on to this one or set it free.....Are these insurance companies gonna come out 60 billion dollars worth of claims? I'm will probably hold on to it..Just wanted to see if there were any opinions floating around. What a market!
metalheadrr3
10-13-2005, 12:59 PM
The only insurance comapny I like at the moment is AIG ... and right now it's the only stock I've had that's gone up this week :evil:

Took a big hit from that Spitzer investigation, but they didn't find anything so it's slowly climbing back up. It would be nice to see it hit 70 again.
Affirmed
10-13-2005, 01:16 PM
My personal rule that I follow almost all the time is when I lose 10% on it or more I trash it.
metalheadrr3
10-13-2005, 01:18 PM
I really need to insitute that rule. I have several stocks that are kicking my a** in that respect.
rski
10-13-2005, 01:39 PM
If I used that rule, It would just about wipe out all of my stocks..haha! I am one of many looking at my portfolio saying "WTF!"
metalheadrr3
10-13-2005, 01:43 PM
Well due to the unceartainty of what's going on I've been trimming all but the best companies. Screw short term for now, I'm hanging on to the ones who will provide long term value. Although I would like to hear some more of TCGs picks to make some quick cash.
rski
10-13-2005, 01:49 PM
Yes I agree--TCG--seeking your wisdom!!!