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Non-Tech : Signature Group Holdings
ELLH 15.000.0%Oct 28 3:26 PM EST

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To: Carey Thompson who wrote (3)3/18/2007 7:18:34 AM
From: SI Bob  Read Replies (1) of 78
 
I've got a medium-sized position of this one in my LTB&H account. I watch for stocks making new lows and when I saw this one, researched it a bit, saw that its exposure to sub-prime is mitigated by its involvement in commercial lending and saw that the dividend yield (if it holds) is obscene, and took the plunge.

I've also been trading it a little in my trading account and sold those shares Friday. But I'm hanging onto the other shares at least until I get one dividend payment and find out how much it is.

I'm very intrigued by this one because it seemed to get slammed as hard as all of the subprimes, but I think it only deserved half the slamming the others got, so I expect some recovery. Not a lot, but enough, which will be fine by me if the dividend stays put.

Pretty unlikely though?
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