MGIC Investment Corp. (MTG)

[tommiegun54]

PMI INDUSTRY ANALYSTS MAYBE SHARPENING THEIR PENCILS

WITH PMI LOSS FORECASTS CRATERING, THE LARGEST EXPENSE ITEM ON THE INCOME STATEMENT JUST GOT SMALLER, FORECASTING GREENER DAYS AHEAD FOR ALL PMI COMPANIES

With beefed UP reserves ALREADY in place, PMIs deserve a break today and for the next two quarters too.

But wait, with a declining delinquency trend...

Jim Cramer would say "booyah".