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Genworth Financial, Inc. Message Board

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  • josuahtree josuahtree Jan 8, 2010 9:27 AM Flag

    15.00 by fri afternoon

    NOPE going south back to 11's or maybe 10's no reason for it to make any gains yet.. more reasons not too..

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    • Why you could be right about it ranging and giving some back again, I think you are wrong about there being no reasons for it to continue its climb.

      Here are just a few.

      1. NTBV of around $25 a share and well capitalized, going into a possible economic recovery.

      2. CRE may have bottomed or be bottoming now, this should bode well for its investments.

      3. It is a member of the beaten down financials which have yet to achieve even normal or mild recessionary values, strong charts and momentum in the group.

      4. Big earnings potential, and once their regular insurance grows, their MI turns around and their investments start gaining they will be firing on all cyclinders.

      5. Conservative and competent management.

      6. Sound products.

      7. Customer satisfaction.

7.19-0.16(-2.18%)Jan 27 4:01 PMEST

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