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BUYINS.NET: Radian Group (RDN) Daily Short Sale Trading Volume Through 10-2-09

Mon. October 05, 2009; Posted: 12:09 PM
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Look up the PowerRating of RDN and see how it has performed over the past week as well as the current proprietary PowerRating.

Oct 05, 2009 (M2 PRESSWIRE via COMTEX) -- RDN | Quote | Chart | News | PowerRating -- BUYINS.NET, www.buyins.net, has reviewed the NYSE, NASDAQ, BX, CHX and NSX Daily Short Volume Report through Friday, October 2nd, 2009 and come to the following statistical conclusions. The chart below shows aggregated daily short volume in Radian Group (NYSE: RDN | Quote | Chart | News | PowerRating) for August through October 2, 2009. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.

Date Short Volume Total Volume Percent

10/2/2009 527,629 4,803,900 10.98%

10/1/2009 497,068 4,617,600 10.76%

9/30/2009 348,198 2,613,300 13.32%

9/29/2009 207,383 1,767,400 11.73%

9/28/2009 383,807 2,772,900 13.84%

9/25/2009 182,280 1,702,100 10.71%

9/24/2009 305,208 3,360,700 9.08%

9/23/2009 227,714 2,044,400 11.14%

9/22/2009 360,777 2,540,200 14.20%

9/21/2009 250,809 2,686,100 9.34%

9/18/2009 379,582 2,913,100 13.03%

9/17/2009 487,934 3,368,900 14.48%

9/16/2009 708,913 4,832,400 14.67%

9/15/2009 455,599 3,731,200 12.21%

9/14/2009 362,900 2,042,200 17.77%

9/11/2009 418,616 2,598,600 16.11%

9/10/2009 728,934 4,600,000 15.85%

9/9/2009 501,878 3,866,000 12.98%

9/8/2009 223,508 1,858,300 12.03%

9/4/2009 199,723 1,302,600 15.33%

9/3/2009 171,122 1,531,600 11.17%

9/2/2009 253,025 2,539,800 9.96%

9/1/2009 503,567 3,496,400 14.40%

8/31/2009 240,922 3,083,300 7.81%

8/28/2009 200,108 2,094,600 9.55%

8/27/2009 520,765 3,572,800 14.58%

8/26/2009 389,896 2,875,400 13.56%

8/25/2009 795,638 4,922,300 16.16%

8/24/2009 367,201 3,456,800 10.62%

8/21/2009 524,107 3,198,000 16.39%

8/20/2009 1,424,174 7,453,100 19.11%

8/19/2009 514,869 4,367,400 11.79%

8/18/2009 859,317 6,204,000 13.85%

8/17/2009 420,093 3,360,600 12.50%

8/14/2009 589,465 4,161,600 14.16%

8/13/2009 462,627 2,912,300 15.89%

8/12/2009 751,337 4,208,800 17.85%

8/11/2009 435,687 3,164,100 13.77%

8/10/2009 418,745 3,493,600 11.99%

8/7/2009 636,853 5,370,500 11.86%

8/6/2009 1,791,645 12,043,600 14.88%

8/5/2009 2,073,034 18,748,500 11.06%

8/4/2009 429,417 3,833,000 11.20%

8/3/2009 88,134 1,294,600 6.81%

Total 22,620,208 171,408,600 13.20%

In late October 2008 the SEC updated Regulation SHO requiring that all short sellers must locate, borrow and deliver any shares they have shorted, no exceptions, by T+3 settlement date. If not, a buy-in must be forced by the broker dealer that the short seller transacted through by the opening of the market on T+4. Since a company first appears on the naked short list when short sellers have been failing to deliver for 5 consecutive trading days, stocks should theoretically never be on the naked short list again. BUYINS.NET will monitor the exchangesai naked short lists daily and issue an alert and notify the SEC and FINRA should short sellers fail to deliver on any short sales.

Reg SHO Rule 204 (i) requires brokers to deliver shares on long and short sales of publicly traded equity securities by settlement date, (ii) continues to require brokers to close-out fails to deliver by the beginning of trading on T+4 for short sales and T+6 for long sales, (iii) precludes clearing brokers and their introducing brokers from selling short a security, other than on a pre-borrowed basis, if a fail to deliver in that security is not timely closed out until the fail is closed out and that close-out transaction settles, (iv) allows clearing brokers to allocate fails to introducing brokers and (v) continues to permit brokers to rely upon pre-fail credit to satisfy Rule 204's close-out requirement to avoid the pre-borrow requirements when a fail at a clearing broker has not been closed out. However, the SEC liberalized certain of these provisions in several regards. For example, permanent Rule 204 now allows a broker to close-out a fail on a long sale by borrowing the security, whereas Rule 204T had only permitted closing out long fails by buying-in, which should alleviate some of the buy-in risk for investors that experience long fails. Similar relief was extended to close-outs for market maker fails, so that a fail from a bona fide market making transaction (including short and long fails) can now be closed out by the beginning of trading on T+6 by borrowing the security. Further, Rule 204 now permits a broker to borrow securities to obtain pre-fail credit for early close-outs, whereas temporary Rule 204T only permitted pre-fail credit to be obtained by purchases of securities.

The SEC refused requests to extend the close-out deadline for fails to deliver to the close of business on the close-out deadline, choosing instead to retain the requirement that all fails be closed out by the beginning of trading on the applicable close-out deadline. The Commission also rejected requests for a fail to deliver exception that would have provided an exception from the close-out requirements if a clearing broker's fail position was below a certain amount but said that it would continue to monitor whether a de minimis or odd lot exception could be warranted.

Radian Group, Inc. (NYSE: RDN), through its subsidiaries, provides credit-related insurance coverage and financial services. The company operates in three segments: Mortgage Insurance, Financial Guaranty, and Financial Services. The Mortgage Insurance segment offers credit protection for mortgage lenders and other financial services companies on residential mortgage assets. This segment serves mortgage originators, such as mortgage bankers, mortgage brokers, commercial banks, savings institutions, and credit unions. The Financial Guaranty segment insures and reinsures municipal bonds, structured finance transactions, and other credit-based risks, as well as provides credit protection on various asset classes through financial guarantees and credit default swaps. This segment serves financial institutions that structure, underwrite, or trade securities issued in structured finance obligations. The Financial Services segment specializes in credit card and bankruptcy-plan consumer assets, as well as originates subprime credit card receivables and has various other similar ventures related to consumer assets. It has operations in the United States, Germany, Hong Kong, Australia, the Netherlands, and Denmark. The company was formerly known as CMAC Investment Corporation and changed its name to Radian Group, Inc. in June 1999. Radian Group was founded in 1977 and is headquartered in Philadelphia, Pennsylvania.

About BUYINS.NET

WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.

BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly 2,650,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data.

The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each monthais short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.

All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. Occassionally companies or third parties pay $995 per month to purchase data for information provided in monthly reports. The data service can be cancelled at any time. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

BUYINS.NET and SQUEEZETRIGGER are intended for use by stock market professionals. As a member, visitor, or user of any kind, you accept full responsibilities for your investment and trading actions. The contents of BUYINS.NET, including but not limited to all implied or expressed views, opinions, teachings, data, graphs, opinions, or otherwise are not predictions, warranty, or endorsements of any kind. Please seek stock market advice from the proper securities professional, or investment advisor.

By visiting BUYINS.NET or using any data or services, you agree to assume full responsibility for the decisions or actions that you undertake. BUYINS.NET, LLC, its owner(s), operators, employees, partners, affiliates, advertisers, information providers and any other associated person or entity, shall under no circumstances be held liable to the user and/or any third party for loss or damages of any kind, including but not limited to trading losses, lost trading opportunity, direct, indirect, consequential, special, incidental, or punitive damages. As a user, you agree that any damages collected shall not exceed the amount paid to BUYINS.NET and/or its owners. As a website user, you agree that any and all legal matters of any kind are to be reviewed and handled in their entirety within the State of California only. By using the services of this website, you are consenting to the terms as outlined, and forfeit all legal jurisdictions in any other State.

Past performance is not a guarantee of future outcomes. Any and all examples are hypothetical and should not be considered a guarantee or endorsement of such trading activity. BUYINS.NET does not take responsibility for problems of any kind, including but not limited to issues with operations, data accuracy or completeness, contacting issues, technical issues, and timeliness. BUYINS.NET places great integrity on the data collected and distributed. This information is deemed reliable, but not guaranteed. All information and data is provided "as is" without warranty or guarantee of any kind.

Please seek investment and/or trading advice, council, information or services from a securities professional. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and BUYINS.NET undertakes no obligation to update such statements.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.

CONTACT: Thomas Ronk, CEO, BUYINS.NET WWW: http://www.buyins.net e-mail: tom@buyins.net Tel: +1 800 715 9999

((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

For full details on Radian Group (RDN) click here. Radian Group (RDN) has Short Term PowerRatings of 4. Details on Radian Group (RDN) Short Term PowerRatings is available at This Link.

    


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