Wow this board is delusional!!! RDN reported a huge loss just 2 weeks ago and you guys think this company is turning around? Look at yahoo key statistics, profit margin, operating margin, RoA, RoE. Losses across the board. Look at the price to book trend, DOWN since 2007!!! The secondary offerings is not market confidence, its their last hope to stay solvent. Radian will sell those shares at $5 if they have to. That'll still be justifiable at $5.56 book value. And, the big boys will still make their profits from all the fresh put options and short shares of the day.
The hype is over, short squeeze just ended, and no other fool is going to buy this stock... CNBC just pumped last drop of juice left in this sucker...
Sorry guys, we are going to close below 7 tomorrow... Sell while you can!
Sentiment: Strong Sell
"under 7.00 tomorrow " .... That is a 15% loss from today's close. Are you serious?
There may be some slippage, but 15% is nonsense. It has steadily grown from $6.11
on 1 January 2013, to high sixes and sevens in the past few weeks.. A small pullback
may occur, but this is going up.
This just broke above $7 (8) days ago. That is as you say 15% gain in about one week. It can give up all that in a day or two...
This concludes RDN's up move... I suggest you look back to previous secondary offering announcement on May 4, 2010 and the offering itself on May, 11 2012.. RDN went down from $14 to $9 just in a few days...
Sentiment: Strong Sell
And you are a charlatan...resurrecting a Yahoo! identity every time your minders throw you the bashy washy bone to go fetch....& like the bottom feeder you are, you dutifully obey....seriously, if you'd just take a slow pass at logic and data, I would not be forced to rely on ad hominem avenues of retort.
"Look at the price to book trend, DOWN since 2007!!!" OH REALLY....WOW...YA DON'T SAY...you figure that out all out by yourself...come on...admit it...ya had help with that one....hahahahah hilariously PROFOUND !!! Why I bet before this RDN gig, you used to sell ice to Eskimos!!! Whatever they're paying you...you should give it back!
RIF.....learn it.....will go by over 70% post 2009 insurance written. this is not a earnings stock and never has been for the past five years. Think enterprise and franchise value!
Sentiment: Strong Buy