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MGIC Investment Corp. Message Board

  • maosteve95 maosteve95 Nov 30, 2012 6:14 PM Flag

    It is a known fact, and quaterly loss is about $250 million

    MTG will be good, not now, not next year, but in 2014 maybe

    If you have cash, and wait for no return next year, put it with MTG, otherwise, put to RDN instead

    Sentiment: Hold

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    • Maosteve you are not patience enough to wait. This is a great news for MTG and you know that. You have to accept that you bail out early, you should stay. MTG will creep slowly but surely with lessen legacy issue. They are honest in their bookkeeping. Look just an honest observation why do you think RDN is not moving up?

      Sentiment: Strong Buy

      • 1 Reply to bernie02
      • MTG could reach $2 by this year end, however with the release of 4th quarter earnings, it will come back to $1.3 again. I just do not have the time to play this game. This known dispute result will make sure MTG will stay in business, that is all. Look at the monthly dq data, It is not difficult to know that, it will take at least another 1-2 years for MTG to clear all the delinquent inventory to a normal level.

        1 b (big B) loss yearly, and this will continue for some time......

        Sentiment: Hold

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