Radian Group Inc.?Originally Posted by Bretsky
I think RDN is a great spec play with nice upside; huge provider of PMI. Rules...ratios tightening...with improved housing market it's one to ponder. Anybody else want to bring a few stocks to the table. This was the last one I bought as just shy of 12; hopefully I don't lose my @ss
Took a quick look. They have missed earning estimates for the last six quarters. It looks like they have missed significantly, too. Negative earnings since Q3 2011. Yet, a year ago it was a $4 stock, now $12. Not sure why. Usually companies that miss estimates badly suffer in the market, especially when they do it for a year and a half.
What's their story? Might they be primed for a price collapse?
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