Based on the past, the scary scenario proved correct. Down $2 since I posted this. What is frustrating, when the market recovers, Radian does not. Hoping this is a blip and not falling back to old times and old habits. That said, if the downward trend continues this week, I will probably sell my position and come back another day. Still a very nice profit and that is what it is all about! I'm still long and still think the future is bright.
gnw is more diverse and has a better balance sheet. mtg offers better near term upside. mtg and rdn are products of qe 1000. if that winds down so does the upside. im a buyer at 9-10, but a seller at 12.50 and higher. i sold at 12.80 a few weeks ago. bought the 13 calls for a .25, sold them at .55. may take another position later. glty