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Radian Group Inc. Message Board

  • vanheus44 vanheus44 Feb 26, 2013 10:35 AM Flag

    Is is true RDN still has such a high short float?

    If true, these guys must be just asking for me to just pull some money out of their wallets. With the secondary behind RDN, and the surprisingly positive housing news out today-- I can't see how RDN does not continue to rise. The question I have is there still such a high short float? If so, RDN could go much higher, much faster, than I intially believed-- thoughts?

    Sentiment: Strong Buy

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    • I'm short more stocks then I'm long. But, I'm absolutely long RDN for the next six months out at least-- to at least $15 on a valuation basis. I'm just surprised, or maybe I should state shocked, that so many shares are being shorted-- crazy. I can't think of a worst stock to short then RDN. Oh, well, each to there own. I'll just sit back over the next few months and laugh at these dimwits. It is actually extremely good news, because I had not anticipated a squeeze, but clearly at some point RDN will go parabolic to the upside. Don't even think about selling here, day traders, hold for three to six months and get out at $15? That is possible.

      Sentiment: Strong Buy

    • as of 2/25 51% of float was short. A little more than 51 million shares. There is a short analytics website that gives daily updates.

12.94-0.15(-1.15%)Jul 29 4:07 PMEDT

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