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Author Message  holycow Member Username: holycow Post Number: 1017 Registered: 08-2004 Rating: N/A Votes: 0 Thursday, March 31, 2005 - 09:52 am:     I had said once this stock is worth a short when the time comes, that was during the hurricane season back in 2004... since then the stock has moved on and life has been good to QBE. Now I am watching again... Doubts about QBE after boss sells shares Date 31/3/2005 Source The Australian Financial Review --- Page: 19 The senior executives of Australia's insurers may be of the view that stocks in the sector have peaked. QBE CEO Frank O'Halloran offloaded closeto $A2 million in shares in his company last week "for asset diversification reasons". He still holds $A14.6 million worth of QBE stock.The insurer's share price increased 37 per cent in the past year, but has fallen nearly three per cent in the first three months of 2005. Several analysts still have a "buy" recommendation on QBE HC "... if you've got a chart, I have an opinion!"

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