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bought more mbi recently at 4 and 3.5

(2009-11-18 12:26:55) 下一個
also bought 50 calls Jan 2012 $5 at 1.25 when mbi is at bottom around 3.2. I exhausted my buying power on mbi at the darkest time. Life is hard, investment for your first bucket of gold is much harder.

My belief on mbi are two folds: insider transaction, mbi\'s consistent claim that it has sufficient financial power to service its obligation.

right now, mbi is trading at 3.84.
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