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Message Boards Settings Vesta Insurance Group (VTA) - Quote Info
Step 1 completed, more to follow     25-May-06 03:47 pm    
Market over reacting to some pretty old news.

Again I believe the insiders are "locked up" due to their discussion of alternatives, so you have no one big enough to support this retail selling panic.

Based on my reading I take the positives:

1. 2004 10k has been filed - FINALLY. We've gone from nine quarters delinquent to five quarters delinquent. I'm sure we'll be fully up to date by August 15. Way to go Mr. new CFO, you inherited a lot of crap, but you're digging your way out.

2. Based on the Management discussion, it would appear that they are finally realizing that this is not a "fix it and run it" situation. That is huge in my opinion, because I don't want to stay around while they try to run it.

3. Best alternative is to sell the whole company, and if the auction is held properly we should get bids from $2 to $4. The current stock price doesn't help, but we're not going to let anyone STEAL this thing!!!! - it's worth at least $80 million (HIG alone....)

Imo the next announcement will be the sale of the Company or HIG. I can wait....we've hit bottom, only up from here!

MM1
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Step 1 completed, more to follow
MarketMaven... Not rated 25-May-06 03:47 pm  
 
I hope you are right. In previous news releases, V...
limerickinv... Rate it 25-May-06 04:09 pm  
 
I have looked over the COMPLETE version of the 200...
limerickinv... Rate it 26-May-06 09:21 am  
 
I agree with your assessment and also lets ke...
abcvalueabc Rate it 26-May-06 10:18 am  
 
Did you consider that the reaction may h...
donedoodit Rate it 26-May-06 04:45 pm  
 
There is no such thing as "a fully ...
muchtogain Rate it 26-May-06 05:39 pm  
 
For all we know this is pure m...
loadinupthe... Rate it 26-May-06 07:42 pm  
 
loadingupthet ruckherewith...
donedoodit Rate it 27-May-06 09:41 am  
 
We will see who is f...
loadinupthe... Rate it 28-May-06 10:30 am  
 
No, we have alr...
donedoodit Rate it 28-May-06 09:51 pm  
 
You may be...
limerickinv... Rate it 30-May-06 03:02 pm  
 
It's ...
donedoodit Rate it 31-May-06 06:15 am  
 
Any on...
howaboutthe... Rate it 31-May-06 09:57 am  
 
Hate ...
livingforat... Rate it 8-Aug-07 08:45 pm  
 
There was a whole raft of "inv...
donedoodit Rate it 27-May-06 09:40 am  
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