in fact he is a prfect advisor of stocks to buy. When he does not like something. I smell money. The same like with MDR..he said avoid at 2.70..and voila, month later it is 4.55 :-))
It will be the same like in 2009. You, who remember that, know that too, the others enjoy the ride. Like with Conseco, Genworth, MTG... This happens time to time. And for GNW the turnaround was confirmed on Thursday...
what do you mean exactly? How does he like profitable company, with 20% market share, reconsidering back the payment of dividend to shareholders?
1. During the quarter, we submitted our PMIERs certification, and focused on ensuring a smooth implementation of our new premium rates.
2. During the quarter we repurchased a portion of our convertible debt to lower our interest costs and reduce potential dilution to our shareholders.
3. We reestablished the DIVIDEND capability of MGIC and the writing company was returned to investment grade status by both Moody's and S&P.
OMG with new regulations they were expected to perform worse, but as you write it, they are just nothing else than stellar. And based on regulations with much less risky insurance contracts in backlog. I think shorts will soon realize there is something wrong...because company instead of being worse is even better
This does not work. If you vote against current BOD, you should suggest and push also the replacement. You do not have these people. So the only sense is, if this vote is done by big shareholders, who have people to run this company. That is the reason why Buffet bets on niche, fundamentals AND MANAGEMENT. This management has unfortunately proved, that they are dead horse. Therefore nobody is betting on them. If you vote against BOD, nothing happens or stock will go even down. If big players vote against BOD and come with some new names, then this stock may double only on this fact. Messers will be wiped out, and that would be a signal for money to flow in...New names...Give this GNW a renown name, and stock will maybe even tripple on that news
if it is manipulated maybe you can convince somebody to takeover this company for 15 dollars per share. If you agree there is no such company to do this even for five, then pls shut up...
oil definitely not... opec today lowered the estimates and oil was announced to go possibly under 26 again..so really oil? :-))