Radian Group Inc. Message Board
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$1.3 billion in profit Needed to bring book/market balance MGIC
by tommiegun53 •May 21, 2013 1:50 PMIt seems clear that Tommie has opened short positions in MTG & RDN.
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Who's holding, still have one nice position left & planned to hold on till $20?
by cdh333mom •May 20, 2013 12:45 PMI'm holding. Aiming for long term capital gains status.
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This Friday's closing price: $13.69
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Hard for me to be unhappy about being at $13.65 now.
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Is this what caused the big drop mid-day?
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Don't be tempted to sell. Better off walking away from your screen for a few days if not weeks.
by geepersman3 •May 15, 2013 7:43 AMAgreed. Better to have long term capital gains status anyway, since our gains are so huge on this one!
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Is this thing finally going to run for real?
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43,363,357 shares as of April 30, down from 45,955,177
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Washington DC would be the other "close but not Philly" option, and cheaper than Manhattan...
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When do we get updated short figures? Last report dated 4/15; we're due for an update.
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If MTG has such lousy earnings and hold its price, then RDN will definitely go up!!! eom
by comicguy8 •Apr 30, 2013 4:42 PMAgree
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Good sign
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Clearly, it's going to run up into earnings next week, just wondering if we'll get to $12.
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Don't look at me, I can't imagine shorting this right now. Just crazy.
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Go to the nasdaq website, bring up a quote for RDN and then click "short interest" on the left hand column.
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43,330,876, Up from 41,980,388
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Almost 42M shares short as of latest report. Since the price is holding steady above $10, seems like we just need a catalyst upward and we could experience another big move fueled by short covering.
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Wow, that's thinking big! Would there be regulatory concern due to the market share scale of the merged entity?
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Ahh, what a great memory!
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I flag them all for "abuse" and then put them on ignore.