IAG 0.13% $7.54 insurance australia group limited

resistance at $5.27 may tame the beast

  1. 366 Posts.
    Perhaps "National Maim the Insurance Company Day" is over?

    My opinion is that this stock is a shorting favourite - everybody loves using it to short because it's predictable (eg. hurricanes etc) and liquid and they just systematically skim profits. No other explanation, since there has been no news and the fundamentals are still good.
 
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