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PICO Rising

 May 30, 2008 06:54 AM UTC
Return Risk
-25.90% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
PICO Positive 05/30/08 -25.90% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

Since hitting a 3 year low in the sub $29.00 range back in March, shares of PICO Holdings (PICO), which we've called the "Poor Man's Berskshire Hathaway", are up 45% on normal volume with little news.

The company held a call with investors on May 19th - a first for PICO -  and perhaps this is another step to take this previously under-followed company mainstream. Certainly, there's more analyst coverage than ever before, and Fidelity taking a stake a couple years back also may have advanced the ball in this regard.

Here are some of the first quarter highlights:

 


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