Security National Financial Corp. (NASDAQ:SNFCA)
CAPS Rating:
The Company and its subsidiaries operates in three business segments: life insurance, cemetery and mortuary, and mortgage loans.
The Company and its subsidiaries operates in three business segments: life insurance, cemetery and mortuary, and mortgage loans.
Recs
The income and balance sheets of this company look pretty sound to me. I just don't think the tremendous, virtually overnight upward swing is sustainable. Did I time this (aka luck) nearly perfectly? Too soon to say, but a 12 pt gain on the first day looks promising.
you only timed it perfectly if you can get out before it goes back up.
I don't care if it goes back up because eventually, it will come down. You're right about knowing when to sell, though. Too many investors don't know when to pull the trigger.
But will it ever come back down to 11.25? I don't think so (I've got real money in this one).
We shall see!
I bought it at $8 or so in November, you can still get out with a gain if you hurry (11.03 at the moment and rising fast).
Do you know why this company's revenue has suddenly increased in the last two quarters? Are they expanding? I just wonder how sustainable it is and if they're at risk of seeing quarterly EPS fall back below $0.10.
Net income has increased by 375% in the last 9 months while shareholders' equity has only increased by 15%. What's the deal with that? I'm not knocking your investment and know nothing about the company, so I'm quite honestly just asking your opinion. Enlighten me sir!
I recently sold @ 15.12 and am watching as the fundamentals are still strong. I'm not saying this wil go up substancially, but it is a small cap stock w/good techniacl indicators.
I sold enough at 14.20 to get my original investment back after only 3 months. Good thing, considering how it has dived since then. I still like it as a long term play, I think anything under 9 is a good entry point.