|Day Low/High||10.33 / 10.51|
|52 Wk Low/High||8.85 / 12.63|
The holding company has hired a firm to explore "strategic alternatives" and struck a deal to sell its stake in Century Communities.
A merger deal involving a majority-owned subsidiary conjures up thoughts of possible sales of other significant assets.
As fruitless as the pursuit can seem at times, it can be equally rewarding at others.
A couple events happened last week that may signal a new day at the holding company.
Activists are making waves at 'The Poor Man's Berkshire Hathaway.'
PICO is down 47% year to date, making it a possible value play.
I will be watching the unloved and unpopular names and looking for long-term entry points.
PICO Holdings reminds us that sometimes you wait for years before you reap the rewards.