its my perspective that we have been waiting for confirmation that we can produce a year full of positive quarterly reports. With Q4 looking better than expected in sluggish MTG, i expect RDN to outperform expectations as well.
If you are a long (i have owned positions for 3 years in and out), I would look at today as a long term win. I bought shares at $3 and immediately, the price dropped 5 cents. IM NOT WORRIED. Today was confirmation that falling to $2.50 and below is NOT a possibility. I anticipate an up day in the markets, with Apple reporting and RDN to find itself above $3 again by morning. MTG is already up strong in After Hours and i don't see why RDN wouldn't follow.
There WILL be a positive run up in the price sometime in the next 29 days and i expect Radian to make its way past $4
If I am wrong, we all have bigger problems than the $4,000 i just invested
good luck everyone