Friday, September 30, 2011

Follow up on dividend machine Harleysville Group, symbol HGIC

          Dear income investors, you hit a home run with HGIC, Harleysville Group a small insurer that I profiled on May 30, 2011 see original post on HGIC.
  Yesterday, Nationwide announced they will buy Harleysville Group and the stock price jumped to the high $50's.  Today HGIC is trading at $58.90.  I cannot predict the future but I like to lock in gains will set a stop at 10% below $58.90 or about $53.00.

          Remember, there is always another stock to buy and this will fill your coffers for the next income investment.

          Good income investing.

Very Truly Yours,

Enhanced by Zemanta