Yes I held my nose and watched it all go down today. Glad I held my shares. Heading back to 14.
EOM
Sentiment: Strong Buy
Bueller?
Sentiment: Strong Buy
That means next quarter is going to be really, good. Seasonally, their best.
Sentiment: Strong Buy
Quote from the May 10, 2013 10Q - read it yourself
Although significant uncertainty remains, based on our projections, which exclude the effect of changes in our stock price on compensation expense (see "-Key Factors Affecting Our Results-Operating Expenses"), we expect a return to a marginal level of profitability for our mortgage insurance segment in 2013
Sentiment: Strong Buy
Still Holding. Will hit 20s by end of year. They project operating profitability in 2013.
Sentiment: Strong Buy
OK you're going make me embarrass you but if that's what it takes........
Sentiment: Strong Buy
I've done my homework. You're wrong. As wrong as wrong can be. Mark this post Tommieboy. I've been in it since the shorts controlled the stock. Those days are over. The real estate market and all of their new business written over the last 4+ years. my goodness go back and read my old posts. Tommie you are dead wrong this time.
Sentiment: Strong Buy
Starting small. Using some of my RDN profits :)
If I understand this business correctly, wouldn't it benefit from the death of the PC and continuous churn of mobile devices?
I need to diversify a bit more though still long and stong on RDN.
Sentiment: Buy
We are surrounded by idiots. Apparently from the stock price, nobody is paying attention to that moron. Talk about short deperation. I hope they are #$%$ their pants right now.
Sentiment: Strong Buy
Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest outlook for sales over the next six months in more than six years.
BUT I SUGGEST YOU KEEP SHORTING RDN. Do RDN shortsellers read the news? Beuller? Beuller?
Just keep shorting. LOL
Sentiment: Strong Buy
For those who took this advice yesterday, you are welcome.
Sentiment: Strong Buy
I repeat....
EOM
Sentiment: Strong Buy
I've been trying to tell you guys but you just won't listen.
Sentiment: Strong Buy
LOL. Just keep shorting!!
Sentiment: Strong Buy
Tommie: You called it right the entire way. I was there. RDN been berry berry good to me and still is. Early retirement thanks to RDN. S.A., I love ya, man! Stock is due for a brief pullback but I targeted 16 last year and now my belief is it will go into the 20s by end of the year. Too many good things coming to RDN. This quarter is going to be the blow out quarter. Shorts finally capitulate. Mark your calendar.
Sentiment: Strong Buy
Typo, I meant RDN
Sentiment: Strong Buy
That may be the first decline in a long time. This article shows short capitulation in a competitor. Why anyone would continue short on RDS is beyond logic.
Greenlight Capital exits "profitable" MBIA short
May 9 (Reuters) - Greenlight Capital's David Einhorn told his investors that the hedge fund closed its longstanding "short" position in bond insurer MBIA Inc. in the first quarter.
Einhorn, in an investor letter which was reviewed by Reuters and which an investor said was distributed Wednesday night, called MBIA the "third most profitable short position" in Greenlight's history.
A short is a bet that a stock will fall in price. Greenlight had been shorting MBIA "in some capacity" since 2002, according to the letter.
In the letter, Einhorn also said Greenlight "initiated a long position" in German-based chemical company Evonik Industries AG through a private placement.
Sentiment: Strong Buy
I could've saved his fund millions had he listened to any one of my dozens of posts.
Please just keep shorting. It makes my day.
Sentiment: Strong Buy