MGIC Investment Corp. Message Board
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Don't Miss The Next Move Higher For MTG
Those who miss last week's move, should take positions ASAP hopefully before MGIC reports Monthly Operating Statistics for August. MTG was way oversold by shorts hoping to capitalize on MGIC's uncertainty as it relates to Freddie Mac.
Freddie Mac's delinquencies are headed lower so, no matter the outcome of the legal dispute, MGIC will pay fewer claims in the future.
MGIC is still writing New Insurance Written and, will benefit in the future by adding High Quality policies to it's portfolio. New policies written have an average FICO score of 740.Sentiment: Strong Buy
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Don't be confused, MTG is headed much higher. We now know that it is basically business as usual at MGIC. Their "Monthly Operating Statistics Report" was very good.
The only issue remaining is the Freddie Mac agreement and, that will be solved real soon. then MTG is off to the races and will double in no time.
The big guys know what they are doing!Sentiment: Strong Buy
- 1 Reply to tommiegun53
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Buy more if you can and hold on. MTG is going higher again.
Sentiment: Strong Buy
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Too late! Whoever missed it will be sorry includ paidbasher
Sentiment: Strong Buy
- 1 Reply to edi_kh2000
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Monday morning = $1.50 plus before noon.
Sentiment: Strong Buy
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how would that be possible really... report comes out at 7am monday, no? before the market opens next... i mean you could put your orders in now sure but if the report is good the stock will soar pre-market i think...
Sentiment: Hold
- 1 Reply to wintermutev04
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Looks like NO on that 7am release
Sentiment: Strong Buy
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