thx for the heads up Bernie, might be waving good bye to my AAPL shares just to have the cash ready!
You did? My goodness gracious wait till tomorrow it will go below your buying point. With RDN beta of above 3 it will swing big. And you know that. If we close at @13.15/s today we will see a drop of pps to 12.85/s.
Smart guy, no panic selling for Bernie. If it drops to $12.91, I put in a good sized order.
No otto I have seen this many times. I am kind of immune.lol My shares was bought at $4.22/s even it goes to $10/s I might add a couple of shares. lol
Yes, 200% return because of Patience & Discipline!!
Sentiment: Strong Buy
Thanks Jack for all your effort putting together your dissertation on "Patience and Discipline". I am until 2015 and unshakeable.
Patience & Discipline III.
4/19 John Paulson says Radian can hit $20/share by 2015, Bloomberg reports.
5/6 Upgrade to $16 and Outperform - Keefe, Bruyette & Woods
5/2, 2013, FBR Capital Markets Raised RDN PT to $13 (by Patrick Bannon.)
5/2 , Susquehanna raised RDN PT to $15 (Schwab)
4/9 Macquarie just upgraded Radian, to $13
3/5 Barclays gave its top rating to the RDN, raised his RDN target price to $14!
3/4 RDN upgraded to "outperform" at Keefe, Bruyette & Woods with a price target of $12.
3/4 Buffett Still Buying Stocks, Sees 'Good Value'.
4/11 Barron-WALL STREET'S BEST MINDS: Wells Fargo's Scott Wren advises that
investors should quit the "mind games" and commit a portion of their sideline cash to stocks.
Blackrock CEO Laurance Fink : “Bond will go down。Economist underestimated US strength. There are big streams of money flow into US market continuously. They all believe in US. ”
5/6 FastMoney: Money rotation started last week! It was lots of fixed income investors have moved to dividend paying stocks to boost their income levels. Finally, Bond investors started to jump into stocks NOW.
4/25 Dennis Gartman: Now back to Risk On market! ( He: BUY stocks, short the Bond market )
4/13 Barron: The pros on our annual roster say the market still has room to run.
4/13 New York times: Signs of Easier Money for Mortgages
( another improving fundamental ! More earnings for RDN & others.)
3/28 Lazlo Birinyi called Rally getting no respect. This yr could be a "UP 25% year”.
3/12 U. Pen Wharton Professor predicted market will break 15000 or even 17000.
1/20 Barrons: a New Long-Term Bull Market on the Way! for the birth of a long secular rally.
1/11 NBR: GARZARELLI: I have 13 indicators and they’re at 82 percent. So that’s a very, very Bullish! (Anything below 30 percent would be a major sell signal )
* 11/ 16/ 2012 Paulson & Soro Bought Financials
2012/summer Buffett bet Housing
Patience & Discipline II.
5/19 LONG-TERM BREAKOUT by Carl Swenlin
The long-term breakout implies that prices are going to go higher, and the parabolic nature of the advance implies that it is likely to accelerate.
THE "GREAT ROTATION" HAS BEGUN by Richard Rhodes
The Great Rotation is in its early stages. it is simply that rising interest rates will cause asset allocators to sell bonds and buy stocks.
So, although the S&P 500 and other indices may be overbought in the short-term, then can remain so for quite some period of time. And we are correct in our 10-year note yield assessment, then our target of the S&P 500 is 2000 ... and that is not a typo.
Sam Collins : Buy Into Dips Until the S&P 500 Hits 1,900
5/17 Market Edge: capitulation among the short sellers. The short covering process, coupled with a lack of sellers, could propel stocks higher. The S&P 500 is likely to take aim at 1700 while the Russell 2000 small cap index makes a run at 1000.
* 5/5 Warren Buffett: Buy US stocks for next 10 years! (Stocks Will Go a 'Lot Higher' Over Time.)
*5/7 Laszlo Birinyi still sees further up 8% to 1900。
* Models predict historically high excess returns for S&P 500 for the next five years.
* Barron’s: We are starting Melting UP ! (Market melt-up is possible from here.)
4/25 News: major Global central banks join “Printing money, Buying stocks”.Merry-Go-Round
5/2 ECB cut rate, Stock Rally!
4/29 Now Confirmed Bullish Run!
4/24 US Housing is recovering. Moody's Analyst: Housing is going UP.
5/2 Barron’s: Should anyone leave the market in May?
But anyone who got out of stocks in May 2009 because things had been heating up for a couple of months would have missed out on great returns during the summer.
another moron, most financial stocks sell for 2X or higher than book. Second, given your being another village idiot (God must love village idiots as they are frequenct contributors to Radian's message board) currently they have approximately $1 billion in losses. Once those losses get put back, that means $5.78 in one time gains. As they have almost $3 billion in loan loss reserves and will have less than $1 billion in chargeoffs this year, the company will be marginally profitable this year and next year, will earn over $4 a share. Why not try bingo putz, it is your only hope and that hope is at best, marginal. The one, the only, the Reefer, it ain't just weed
Sentiment: Strong Buy
If more & more Pro trust this Bull market & RDN, …
If U forgot UR ’s (or confidence), let’s review some of the recent market milestones:
5/21 News: Both of Warrant Buffett & Bill Gross suggested move away from Bonds.
This is the 2nd times Buffett called out to buy stocks.
- Capital continues moving from Bond to stocks.
- Big Hedge Funds Suddenly Bullish (Barron’s 5/21)
- A shift in the options market suggests that big money is NOW chasing the rally higher.
- Where: Moving Away From Dividend Stocks
“ Wells Capital's Jim Paulsen contends that an improving economy argues for sector reallocation by the second half. For the first time in this recovery, confidence is dominating fear in the stock market. Rather than suggesting irrational exuberance, this show of confidence may actually be a step toward rationality. Perhaps, emotional health is finally returning to an investment community severely scarred by the 2008 collapse.
The elements for a longer-term "buy and hold" stock market era are emerging. The economy is currently being run by a bunch of "church mice" hunkered down and fully prepared for the Armageddon everyone tells them is coming. While confidence is finally beginning to improve, its recovery is still in its infancy and it will likely take several years.
While managing the short-term ebbs and flows of the stock market, do not forget the likelihood we are still early in this bull market. S&P may reach 1700 before this year end. … “
5/20 Blackrock President: We started to advice clients to move money out of cash / Bonds, to stocks for long term…
* 5/19 News : Paulson, Soro invested in RDN in Q1. This is the second times Paulson added more shares in RDN after last Fall.
5/19 Sam: The lack of enthusiasm for one of the biggest, boldest bull markets in history is striking. In My 45 Years in the Market, I Have Never Seen Anything Like This.
Some caution is warranted but one needs to keep in mind that with profits come the unlocking of the deferred tax assets and NOLs which were discounted to near zero 3-4 years ago. The current price, in my opinion, reflects a return to profitability coupled with removing the valuation allowances on the DTAs in the next 3-6 months. These two factors will/can drive the stock price higher. Thereafter, the market may accept a premium on the stock and be willing to pay 2X+ book/price. At this point (12-18 months) you can see a 25+ stock price. For this to happen we need the recovery in housing and jobs to continue and that is really the only unknown.
Now, I was in this board for quite some while and have been having Radian in my portfolio for years. When the price dropped, I averaged down and did the last time when Radian was at the low of just 2 bucks. So, ultimately I was glad this did take a nice run to 13-14 range.
The thing I do not like is that this is beeing heavily pushed by Cramer. I dont like this guy, I think in many cases he is a manipulator and way too often doing the opposite of what he does brings a better yield. So, I have just recently sold of all my Radian stocks in mid 13s range. Better to take a more than 200% profit than risking anything.
The question I have is - what are you folks thinking? This stock had a huge run. How much higher can it run? There are some good news in the pipeline most likely, but the question is if this is not already priced into the stock price. RDN has to turn profitable but in order to justify this valuation, they need to make a profit of more than 1 USD per share. Right now, that is most likely not possible. Also the current stock price is way too high above the book value. All this plus the daily Cramer pumping made me sell and take profits. If with his pumping it can not break 14, then I guess we are very near the tom at this moment
Wow....Read this from tommiegun53 • 2 hours 8 minutes ago Flag
(On MEA board)
Pepsi, by the way,
Get out of RDN and MTG asap, it's a ponsi scheme now and, it is going to end badly. You're not a sucker. Collect your chips and move to the sidelines.
They are both nearly two years overbought. Their is not enough goodness in the next year to support those stocks. The good is in the past, they have been ruined. Less
Sentiment: Strong Buy