got some junk mail today, page-2

Hi Jeeper

I do not if you are jesting, so forgive me if you are not.
I received same, and from my experience to now this mail out is not a good sign.
QBE could go up a bit due to the mail out, and then go south on profit taking. But then again, I have no idea.

Would be most grateful if you could show me otherwise. Lots of earthquakes NZ, storms in US, ash clouds....

Everybody says QBE has underwritten their risk to negate events, but to what degree can all the events not affect SP?

It is an insurance company after all. Every negative insurance event bleeds the SP to some degree, and unless someone can predict a period of no negative events greater than the last, SP will just bump along, but maybe this is truly a great time to buy QBE, and make a killing.
I don't know.

My buys $16.7 & $18.9, and I am not happy, but I like your optimism.



Any and all comment appreciated.

Cheers