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|Subject: Re: Insurer Tower Group (Nasdaq: TWGP) Dying?||Date: 10/9/2013 4:54 PM|
|Author: AngelMay||Number: 73480 of 76084|
There was an opinion expressed that insurers are safe. Ray and a few others cautioned that insurers can go out of business.
I have to agree with Ray.
This is why I never EVER invest with an insurance company. EVER.
Well, that's one reason. The other reason is that I really take issue with being taken to the cleaners with fees. ;)
I've tried trading. And once in a while I still make a fairly quick trade. But rarely now. So I could not possibly give any advice on that.
Does look like that company may be in trouble though.
Sometimes reading between the lines takes a really big magnifying glass.
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