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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 (36)6/13/2007 8:35:17 AM
From: SI Bob  Read Replies (1) of 78
 
True. It still has a bank, which is the sleepy business I was referring to.

I still have a small chunk I'm holding long-term because it's got a lot of profit and at my basis the dividend is very high, though I sure don't expect the dividend to hold. I don't expect it to be a lot higher than $12 a year from now but also don't expect it to be a lot lower.

Trading it less actively now, too. Not as much intraday volatility and I didn't see the plummet to $12.15 yesterday, which I'm sure I would've bought (in the $12.20's) because of the angle of descent, but I missed it.

For those who got it a lot cheaper, I'd either hold it and forget it or take the profits. I wouldn't be a long-term buyer right now. The only news remaining to come out of this company is either financials which won't be pretty but will at least be out (price rise) or the addition of an E to the ticker (price drop).

Short-term I expect it to regain the $12.55 support it found recently and trade gently sideways from there pending news. Like I said, trading it less. Not as many trading opportunities and I'm too pre-occupied to catch them all.
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