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Radian Group Inc. Message Board

  • sleestack76 sleestack76 Feb 11, 2013 8:02 AM Flag


    Keep in mind the seasonality of the results. in addition the company is realeasing loan loss reserves this quarter but increased them to 29k per loan. Guess I was right Tommie wasnt I?....Operations came at a loss. However, company will continue to EARN it way out and be able to write existing business for the remainder of 2013.

    Sentiment: Strong Buy

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    • That was last quarter, Q4. The highest reserves in the history of the company history, $29,510, that's according to the president, SA Ibrahim.

      This quarter earnings, GAAP earnings, the kind you like, that's according to Bob Quint, CFO.

      Sleestack, you were right about the results but, I was betrayed. Radian management chose to put even more money into an over-reserved situation. I believed they did it to make idiots of those that started the stupid house of cards scam.

      You're smart and a good trader. But, nobody knows all the facts. Sometimes I think you report to a higher power, you're boss. You don't seem totally free.

      You change your price forecast yesterday morning within 45 minutes from we were headed below $6, to we were headed to $7. Three weeks ago you said we were headed to $10.

      Your forecast will all come true eventually and we will both win....

      Sentiment: Strong Buy

    • have not changed my tune just dont understand different opinions. I am long the stock but said it would lose money in the 4th quarter and you said the opposite. HMMMM...who was right? You were wrong and I was right on the 4th Q. Does is really make a difference if we are both long term shareholders? Take the veil off from you face and realize that there is a world and opinions outside of your own that might actually be correct and your perception of reality/truth wrong. RDN is a buy for hte long haul but NO ONE is every right 100% of the time.

      Peace out as EX would say......sorry for the spelling had too much vino tonight!:

      Long RDN a bunch of shares......and yes I have been wrong on some of my short term calls....Tommie there are no absolutes in investing....Period.

      Sentiment: Strong Buy

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