Tuesday, January 16, 2007

PICO Holdings(PICO)Hits 14 Year High
Nevada Land and water giant PICO, which we've labeled the "poor man's Berkshire Hathaway" (much to the chagrin of some of our readers) hit a 14 year high today, closing at $38.35, up 4.3%. Shares traded as high as $38.95 on about 2.5 times normal average volume. There was no news on PICO today, which is typical. Stay tuned.

*The author has a position in this stock. This is neither a recommendation to buy or sell this security. All information provided believed to be reliable and presented for information purposes only.

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