Red Flag Update – Getting Scary

Visiterie.com

If you missed this from Sunday’s Watch List Weekly, here’s a revised version.

And this friendly reminder: My Red Flag Alerts and selected On the Street content are no longer free. But while the paint is still drying on my paywall, my introductory price remains. I will be raising prices. Here’s more on my decision to go paid, and what to expect from my Red Flag Alerts.

I’m always thrilled when others come along with reports on a company you likely first read about here, which is what happened last Friday when Spruce Point Capital issued quite a lengthy report with its own red flags on Erie Indemnity ERIE -1.29%↓.

Spruce Point takes a different deeper angle than what I did in my Levitated by Lunacy on Erie and another company, adding yet another dimension to the story.

But wait, there’s more…

While Spruce Point touched on competition, with a great “competitive analysis” chart, it pays to dive deeper into what that really means and why that matters.

As it turns out, a friend who has done his own research on the company did just that…