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MGIC Investment Corp. Message Board

  • pepsiberger pepsiberger Feb 5, 2013 5:28 PM Flag

    Share price consolidating from actions

    If you look at the ADX indicator the price action has been correcting from the recent highs while the ADX trends back down to an area that will either launch us to new highs or lower prices. My bet is we go higher! All of this will be resolved very,very shortly when the company releases 4th qtr numbers, along with forward looking verbiage. I believe we will see the Shorts try the all out effort, which we longs hope fails, including to but not limited to, print attacks, naked selling, hit the stops, sell piles of calls, and the kitchen sink....

    Sentiment: Strong Buy

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