Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Non-Tech : Vesta Insurance Group (NYSE: VTA) -- Ignore unavailable to you. Want to Upgrade?

To: Tim Gardner who wrote (1)	6/2/1998 5:09:00 PM
From: Mr. K	Read Replies (1) \| Respond to of 16

I was also surprised to see the huge sell off of VTA! Either someone knows more than you and I, or this is a great buy at any price under $30! I am still on the side lines but may jump aboard tomorrow? The Market has got people worried now day's - They over react to everything.

To: Tim Gardner who wrote (1)	6/3/1998 5:04:00 AM
From: Weekapaug	Respond to of 16

Tim, I to bought some yesterday myself for a lot of the same reasons you did. I would like to add-as the economy improves, P & C should do well in the future IMO. The sharp fall was caused by the large institutional position. Back to more reasonable levels for individual investors IMO. I to liked the fact it was located in Birmingham. Which is slowly becoming a financial center in the south. (hard to believe isn't it?) Whether it can move quickly back up? I don't know. Who knows? We may be included in shareholder suit, if it falls again today! If it does move higher. I'll write covered calls (June) against my stock to protect my position and generate income. If I lose it? So what. I made money and that is why I trade stocks. Maybe someone could explain, why, someone would buy 275 June or July 25 puts (I think without looking) on it? That puzzles me. Maybe they sold them? I don't know? It was the only trade on that price for day. Good Luck to everyone on this one.. :) Ken I missed CD and liked that one even better for the long-run. I did write naked June puts on it. So, maybe I will own it and be happy with it too.