Zeev's Turnips Patch-No Politics (ZEEV)

[marketmaven]

MGIC Getting RealManned- another falling knife
http://stockcharts.com/def/servlet/SC.web?c=mtg

Watch-ova-Ya: (MTG) Downgraded to Market Perform We believe that at least some improvement in persistency and credit is already reflected in the stock. Until the MI industry can regain at least some market share lost to MI avoidance products, we do not believe that the stock can Outperform. There are reasons to be optimistic, as the industry fights back with new products and lobbies for tax deductibility of mortgage insurance premiums. MI could also get a boost once lenders begin to price second mortgage products more rationally. We simply cannot rule out the possibility that the negative impact of MI avoidance products could get worse before it gets better.