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http://boards.fool.com/insurer-tower-group-nasdaq-twgp-dying-30913697.aspx
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| Subject: Insurer Tower Group (Nasdaq: TWGP) Dying? | Date: 10/9/2013 10:45 AM | |
| Author: FreethinkerKW | Number: 73477 of 83628 | |
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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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