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Insider buys of MGIC Investment Corp (MTG)

 Nov 24, 2007 04:28 PM UTC
Warren_buffett
Return Risk
-8.96% HIGH
Associate
Symbol Sentiment Start Return Closed
MGIC n/a
MTG n/a
RDN n/a
ORI n/a

Graphic_arrow1 Via Retirerichblog.com - Stock picks:  

After mentioning Radian (RDN), a private mortgage insurer, I looked at it's competitor MGIC Investment and noticed major insider buying.

http://finance.yahoo.com/q/it?s=MTG

It's book value is $49 yet the stock trades at $20 and a competitor Old Republic (ORI) buys a major stake instead of buying back it's own stock. Also MTG has been slowing buying back it's stock from 113 million shares in


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