Tag: Avoid This stock
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WARNING: Stay Away From This Penny Stock
During the housing boom, some companies made money hand over fist. Just look at PMI Group (PMI) in 2006. They had total revenue of $1.2 billion and generated a staggering $419 million in earnings. Thats a net margin of almost 35%… huge results for any industry. So what did PMI do? They wrote insurance on […]