Market panics and the selling begins. Market reports better then expected results in most stocks. President comes on the tv and bashes risk taking. Old ben b and congress news. This is nuts. Country is seeing no job growth which experts see as a lagging indicator and should be priced in. But yet the market is poised to drop. Most all the stock experts are predicting a correction. SELL SELL SELL!!
Dont know about weeks end, had to hold last bunch for 3 months but made out fine, this political shit is killing us, now Volkers gonna review the new obammer bank regs...oh shit...good luck to you on your buy
"gnw earnings explode in late 2011 when MI becomes profitable again."
i don't know about that jim. pmi had a nice run recently but is now back to it's old self at 2.17. pmi's earnings will explode a lot more than gnw's if mi becomes profitable in 2011.
True, but so is CNO and it's trading way below book value. This is not to say that GNW is not a good stock nor is it overvalue. Concerning RDN, now maybe the time to start buidling a position. If it hits $5 again, I'm in.