...just posting another invesrment...
Holding Time Before Review: 3 months to 52 Weeks
Price and Fundamental Review Target: $52
Plan: To hold beyond the 52 week holding period, then review company fundamentals either at $52 or at the 3 month holding period or after the 52 week holding period.
ESNT has pulled back to a level where I wanted to add, and I did add.
Benchmark Levels: $42 to $52 Watch level to re-evaluate the company and their prospects going forward
Short Fundamental Investment Rationale:
- They are making money annually and quarterly and are not going to go out of business.
- They are making money for their investors.
- The USA economy...
I've been holding this for a while now as we gradually climb up. It is now re-testing my old low of $21. I still think this is a great buy and it will continue its slow climb up. With no debt and the PE at 11. I would buy this all day long, just know it's going to be a slow one.
