Matt Monday, thanks for that list. Here are my comments.
AEA and QCCO. These payday lenders have been decimated by new state consumer lending laws. I've made a small bet on QCCO. It may be in transition to a new business model. Just a few shares for me.
AIRT. On my watch list.
AXS. I currently hold shares. Will not add at current price.
CSC. On my watch list now.
IPCC. Company at stated bv; bv keeps growing. And it might work as buy now. It's in the p&c insurance industry, and I already have several in that sector. However, IPCC's specialty is non-standard auto insurance, and that is a business I've liked in the past. The reason is that "regular" USA auto insurance is, or can be, heavily regulated by the individual states. Regulation in terms of standardization of policy, profit returns that are allowed, and so on. Otoh, with non-standard policies (i.e. "risky" drivers), those regulations either don't apply or are relaxed (Jmo, I'm no expert in state insurance requirements.) There's not so much pressure on legislators by the "normal" car-driving voters. This leads to more profit opportunity for the companies in the business (and presumably, more risk for them too.) Stocks near it's 12-mo high; that discourages me somewhat. I'll consider though.
PLPC. Holding on to my very few shares acquired in June. I believe I mentioned it at least somewhere on SI, but in searching, I can't find my post.
SVT. I'll consider reentering again when it gets closer to lows.
UUV. Might work. I'm already holding several tobacco stocks, so I'll pass on this one. |
