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A holding company principally engaged in the life and health insurance business through its wholly owned insurance companies.
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antichrononology (22.62) Submitted: 2/14/08 10:11 PM : Start Price: $12.48 IHC Score: -27.97
I have tried to figure this stock out for awhile now and here is what a poor country boy seems to understand. IHC is one of a myriad of insurance holding companies that got squashed because instead of sticking to a conservative plan tried for the brass ring and fell flat. The question I have to ask is when will this stock turn around or will it crash. Fact: its too well positioned to fall apart and its holding onto its -A ratings which means that the PPS will turn a corner. I prefer to jump on board before the analysts start pumping up the price, so 12.50 seems about the right price and this certainly seems like the right time. This one takes guts though, no doubt about it.
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