Whilst I understand and agree with what you have said here...your sentiments towards should you buy or sell are not entirely correct as an investing thesis nor of a trade thesis... Im watching IAG and anything below 4.30 is a good trade.... Insurance companies by very mandate have been created & are orchestrated and protected by law to limit payouts. So Gov picks up tab after what has not been met by an insurance entity...so when devastation hits its heights, so does the share price hits its low point which is when you buy...rain, floods, fire, business failing are apart of life...they come and go...this is a once in a 100 year cycle and all things come to pass, as does the bottom line of any insurance company... so is IAG now a buy...ABSOLUTELY... All the best with your trades & investments
IAG Price at posting:
$4.33 Sentiment: Buy Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)