LancashireHi Travis,
I´ve been accumulate LRE for Long Term. Can you give an update? Do y think it´s a forever stock (buy and hold)?
Thanks
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Travis, and thoughts about the steep decline of LRE after they have the special dividend?
I am long as you are, and iI am thinking to add to my position because, because after the last conference call
nothing bad has happened
Appreciate your opinion
I just had a limit buy order trigger on that one, I’ll note my thoughts in a bit more detail tomorrow. Generally, when folks are expecting a special div or are in a stock because of a one-time dividend the stock sells off after the ex div date because some of those investors leave. It’s a tough insurance market right now, but I really like Lancashire’s underwriting success and their dividend policy.
A little more detail in this note today: http://www.stockgumshoe.com/2014/12/a-couple-buys-and-what-to-do-with-seadrill/