James Shaw

MGIC Investment Corp.: Insuring Calamity

The stock seems bottomed at $2.00 now. Of course, if the delinquent rate continues up, further loses will occur.

If your investment time frame is 2 or more years, you will be rewarded handsomely. 1,000% is possible considering that its last year's high is over 62 dollars.

Another good sign is the government afford to try to reduce further foreclosures.

Also, as housing price is down and lending standard is tighten, the chance for those newly home buyers to default their mortgage payment will be greatly reduced.