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URL:  http://boards.fool.com/insurer-tower-group-nasdaq-twgp-dying-30913697.aspx

Subject:  Insurer Tower Group (Nasdaq: TWGP) Dying? Date:  10/9/2013  10:45 AM
Author:  FreethinkerKW Number:  73477 of 75402

One of you folks who know the insurance biz, how about an explanation as to what is going on with Tower Group. I don't do FA, I'm a trader/investor who uses T/A. I've traded this one before as a one or two day "bounce" play. But the chart shows absolute capitulation during the last 6 to 7 weeks. It's FUGLY.


And could you write your critique in plain English? Thank you.

Daily chart showing the massacre:

http://stockcharts.com/h-sc/ui?s=TWGP&p=D&yr=0&m...


p.s. Note in late July TWGP hit a high of $22.04. Today it is trading at $3.85 and is still dropping....
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