That is truly mind boggling. We have gone from $2 to $15 in little over 1 year yet the short interest is 25.8%. I believe that if earnings are good on Nov 7 then the Shorts really have to cover because there is no looking back anymore. Case in point MTG reported good earnings and even GNW MI division did pretty good.
Many investors appear to be quite bearish Radian Group Inc.(RDN) especially if you look at the percentage of the float that is sold short for this stock. Currently, 25.8% of the float is sold short, suggesting an extreme level of bearishness for RDN. However, it is worth noting that earnings estimates have actually been moving higher for the company, despite the pessimism. Thanks to these rising estimates, we actually have a Zacks Rank #2 (Buy) on RDN, so we clearly don’t believe in the negativity surrounding this firm, and are instead looking for shares of RDN to move higher in the weeks ahead.
I'm getting tired of people like you Rick, and Edi and others who PLAGIARIZE.
Not only to you fail to attribute your lift out of Yahoo!/Zacks News Feed....you don't even edit the First Person narrative..."we actually have a Zacks Rank #2 (Buy) on RDN, so we clearly don’t believe....".
Like it's actually YOU, Rickybaby, who's doing the talking....hahahaha!
What a dope....(to be distinguished from...."Say man, you're the dope!" or, "This is dope")