Replies to post #396 on Radian Group (RDN)

[56Chevy]

Can you spell confirmation! This Who's Who list of heavy hitter investors in that article just summarized what you've been saying for nearly 2 years! (The pps back then? under $3).

Paulson to Maverick Bet on Housing With Junk Insurers (5/20/13)

Hedge funds led by Paulson & Co. and Maverick Capital are piling into mortgage insurers in a bet that some of the companies worst hit by the U.S. housing crash will be among the biggest winners in the rebound.

Soros Buying
Soros Fund Management LLC took a 2.8 million share stake in Radian as of March 31. Perry took a stake of about 9 million shares of MGIC, and Blue Ridge added 5 million, bringing its holding to 14.9 million shares.

“When you leverage the new capital and cure the older books, there is a turbo-effect to the earnings of these companies,” said Jack Micenko, an analyst at Susquehanna International Group LLP. “These are fairly higher earners in a normalized environment. We are moving from a very difficult environment to an environment that is much more positive for them.”

He's right. And even though RDN's winning ways may seem like old news to some of the readers of this board the RDN "story" is as fresh as ever and hasn't changed... and the best news is - it's far from over.

Fantastic call EI. Congrats bud and Thank You!

[robocop8]

okay im long on RDN.... but my question is MTG versus RDN???? Both are equal in terms of potential but RDN excels in terms of fundamentals!!! But look at the nost succesful hedge fund leaders-they place value equally between the two prospects. I agree with cramer, tepper and the like though- RDN is the best company but MTG is so cheap and will advance based upon/in proportion with RDN sector leadership. But if equal potential exists does not MTG make more sense in the longrun- 2015 and beyond??????