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Radian Group (RDN) NewsBite - One Of Today's Top Losers

Nov 02, 2009 (Fresh Brewed Media via COMTEX) --

Company: Radian Group, Inc. (RDN)

Radian Group (RDN) leads the list of top losers so far today and is now at $5.23, down $0.56 (-9.67%) on volume of 4,950,142 shares traded. Over the last 52 weeks the stock has ranged from a low of $.95 to a high of $12.48. Radian Group stock has been showing support around $4.91 and resistance in the $7.13 range. Technical indicators for the stock are bearish and S&P gives RDN a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on RDN the stock seems like it could be a candidate for a January out-of-the-money bear-call credit spread above the 7.50 range.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

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Company: Radian Group, Inc. (RDN)


Related terms: S&P

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