Haime
There are no statistics whatsoever that back up your claim that over half of all insurance claims are fraudulent.
This thread relates to SHJ, so talk of $1.2 billion dollar deals has absolutely no right to be used as an example of what is happening with SHJ's business.
SHJ has been fully forthcoming with its valuations and has been fully audited. Profit downgrades happen all the time across all industries for various reasons. Share prices adjust accordingly. That is the market.
In this case, based on stated estimates, I believe that fundamentally SHJ represents a sound trade and that technically it is oversold. I may be wrong. Who knows. I have my trade plan and if it does not eventuate I will take my loss and move on. How is that denial?
Making up statistics from la la land, prejudging whole industries based on a few individuals, and being overly emotive are not the characteristics of a good trader/investor. You display all of these.
How do you put a $ value on the ethics of an industry, as you seem to be doing. How can that be a sound reason to invest or not? Not, as you would say, a practical strategy.
Anyway...you threw out your hook, with the same thread heading as you used when you started the FMG thread, with the same low content, baseless style of comment. Hope I have given you the little bit of attention you craved.
Milesy
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