Comments on: 10 Questions for Tim Sykes

By: t0nydean

t0nydean — Mon, 18 Aug 2008 10:48:17 +0000

good call on the credit ratings dannyO…that IS good news…

By: dannyo1987

dannyo1987 — Mon, 18 Aug 2008 03:40:41 +0000

whoops. I mean “but that’s it” instead of “but not by much.”

By: dannyo1987

dannyo1987 — Mon, 18 Aug 2008 03:38:59 +0000

I think that RDN may drop back down by 5 or 10%, but not by much. The stock has a book value of around $30 and would be highly undervalued if we were in a better market. RDN shot up so much on Friday because of the news of the bond insurers receiving their AA rating again. I think this is because analysts expect that RDN will soon receive their credit rating back. I think investors are starting to feel that the PMI’s are starting to recover, so I wouldn’t count on RDN completely tanking again unless some really bad news comes out.

I’m really new to trading though, so definitely take my advice with a big grain of salt

By: Mark

Mark — Mon, 18 Aug 2008 03:02:49 +0000

Anyone profit going long on the APII short covering spike Friday?

By: TonyEllis

TonyEllis — Mon, 18 Aug 2008 02:38:51 +0000

RDN won’t even try to guess. I’m liking IDSA chart. Check out the 5 year wkly. Ran from $2 to $24 in a month in 04. 1 million share float and strong fundies if anyone cares. Tim don’t be afraid to give your honest opinion.

By: t0nydean

t0nydean — Mon, 18 Aug 2008 02:06:36 +0000

Hi everyone…new member here…anyone else looking at RDN as a short for Monday? its up 84% in the past 5 days on some pretty BS news…
“Mortgage insurers MGIC Investment Corp. , Radian Group and PMI Group all closed higher Friday, extending gains from the previous day. The group received a boost Thursday after PMI Group said it had reached a deal to sell its Australian assets. Radian was a big winner, pegging on 22% of gains. ” WTF? some other company sells some assets and RDN jumps…smells like a pumped up turd — besides this there was mention that one of RDN’s subsidiary companies was buying back some shares…hardly cause for an 84% jump in my opinion…anyone else see this returning to July lows in the $1 range? Am I way off?

By: yaktipper

yaktipper — Sun, 17 Aug 2008 23:26:17 +0000

I agree a trading diary is a great idea just to talk yourself into following your own rules and slowing yourself down. There’s something about writing things down that is more thoughtful than just thinking it.

By: Getshorty

Getshorty — Sun, 17 Aug 2008 14:28:56 +0000

My positions are usually between $2 – $3 k, bt getting in and out too much, too scared of missing any boat.

From now on I’ll be writing a trading diary, that way I’ll have to explain, at least to myself, why I am entering or exiting a position. That way my dumb plays will stand out more easily and will find which ones are working for me.

By: YoungGunz

YoungGunz — Sun, 17 Aug 2008 04:44:13 +0000

OUch talk about getting fee’d to death…What are you doing shorty buying your positions 10 shares at a time?

By: benchrn

benchrn — Sun, 17 Aug 2008 01:44:14 +0000

What is on your watch list for the upcoming week:

Symbol:
Long / Short:
Entry Price:
Target Price:
Stop Loss:
Trade Period: