Scottish Re Group Ltd. (SCT)

All Comments on SCT

  • commenter
    SeekingAlpha
    Editors
    Apr 06 05:19 AM
    My Website
    General Discussion on SCT
    Is this a buy or a sell? Reply
  • commenter
    Scorpio69er
    Aug 16 11:06 PM
    Housing Bubble and Real Estate Market Tracker [view article]
    Re: National Association of Realtors and their use (and your unquestioning regurgitation) of median home price data --

    The seeming paradox that median home prices are increasing while sales are falling is strictly a function of the fact that <b>the median price metric reflects that home sales are now being skewed to higher-end homes<b>. It does NOT mean that average home prices are increasing, nor does it mean the market is on the upswing.

    <b><i>&quo... low end is where you have all the inventory so the desirable areas are driving up the median. The numbers are misleading and they freak you out,"<i><... said Manuel De Neves, a real estate agent at Fireside Realty in San Jose's Willow Glen area.

    realtytimes.com/rtcpag...

    <b><i>&quo... the ratio of expensive homes to lower-priced houses sold increases, median prices over the entirety of the housing stock will rise even if prices on all individual houses are falling."<i>...

    www.azcentral.com/blog...;title=median_home_pri...

    The NAR has, of course, a vested interest in selling real estate. Hardly the best source from which to get REAL housing data.     Reply
  • commenter
    CrossProfit
    Jan 11 05:55 AM
    My Website
    Scottish Re Deal Drowns Investors in Dilution [view article]
    In accordance with SA disclosure policy:
    SCT is at 4.70; we feel it is time to close short position (from 6.02 &amp; 5.52 to 4.70).
    NR is at 6.19; we feel that taking profits on the short position (from about 7.40) is prudent. NR may go down to about 6.00, taking 75% off the table.

    (Same comment posted for NR under ‘Energy’ heading. CrossProfit website is down until the end of the month. All urgent notices posted on SA, in short comments.)

    CrossProfit     Reply
  • commenter
    NO DooDahs
    Aug 01 12:20 PM
    My Website
    Scottish Re Gets Belated Downgrade From Bear Stearns [view article]
    Yesterday was actually the time to BUY. Anyone who bought AFTER the first 20 minutes of trading yesterday is up BIG right now.

    "Dead cat bounce." But seriously, look at THLD, a similar situation. Dropped from 14 to 3 and change in one day, then climbed into the mid 4s. Worth a trade, these situations are.

    Think about it. 2,250,000 shares traded at $3.50 yesterday. Do you think the sellers would like to have those back right now? From 16 to 6 is better than the loss from 16 to 3.50, but the gain from 3.50 to 6 is really nice!!!!!

    Disclosure: I saw the sitch and am [deleted] at myself for not using margin to buy.     Reply
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