alpha_zeta

Ten High Yield, Below Book Stocks

Today with GNW i think you've seen the reason for its low P/BV...and the risk of a catastrophic drop in stock price of low P/BV stocks.

The larger Life/annuity insurers are down bigtime today and before the day started they already had lower P/BV's.

So, what about the smaller/mid-size Life/Annuity insurers , some of which had P/BV's rather higher than the P/BV's of larger co's??

Look out for the smaller/mid-size Life/Annuity insurer stock prices to crater!