PMI Group Inc. (PMIR)

[Short-Hunter]

Pmi is going to sell 100 million preferred shares @ 5.00 per with an annual return of 8.7% and a 40% stake in the company after 4 years. Trust me when I say this that the US Government is pushing this deal thru as they need PMI in the game when the housing market makes a recovery.

Our last two position have worked out very well as we shorted the company's down the tubes because of dishonest management.

We have been accumulating millions of shares over the course of the last month.