EEEEEEEEE
It's what we don't know. Insiders just exercised options and did not sell, added to positions. I am holding. Another catalyst is coming, just don't know when or what.
Definitely more than one person over the months.
Playing with house money.
A move to 6.75 or so should give me a double.
Bought a bunch of June 7 calls @ .15 today. Not touching long stock position. Looking to make some quick cash!
Should see nice move on Monday.
Almost looks like they want to bring it down to 5.50 A ton May 5.50 calls they would love to see worthless.
1000 June 7 just traded on the ask @ .16
Options expiration on Friday. Probably won't let this move up to much until Monday.
One explanation for low starts #. Homebuilders having a hard time finding experienced workers.
This guy made billions on the housing collapse. Now buying for recovery. I would think he is in these for the long haul, not flipping.
Now second largest institutional holder.
EOM
Have to be an idiot to be short RDN. May be good for a day trade, that's it!
Thanks for the compliment. Love you too!
Who knows, maybe they are considering picking up a competitor. 160mm additional shares worth over 2B dollars. Genworth MI unit possibly. Now profitable.
It did move a buck today just in a range.
Way I see it. Someone got a heads up on that increase in authorized share announcement and was able to create temporary panic selling and shorting. It's not bad news though. Uptrend will continue. We needed a little pull back anyway. Housing data continues to be strong. Keep your winners, sell your losers.
Someone knew this was coming out. Of course the first reaction is to sell or short as we saw with MTG but it's not bad news. Will resume upward move soon.