SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: MCsweet who wrote (24154)12/14/2006 11:04:04 PM
From: Paul Senior  Read Replies (2) | Respond to of 78673
 
Continuing to add to my losing position in NAHC. Stock has been dropping, apparently because potential suitor decided not to follow up with a buyout offer.

NAHC doesn't have many years' history as a public company. Ruling reason to buy still seems valid, I'd say: A small insurer, generally somewhat profitable, facing hard times now, yet selling below stated book value.

finance.yahoo.com