Kurtis

http://www.agorafinancial.com

10 Comments

    • The Municipal Bond Dilemma [view article]
      MBIA and Ambac had quite the scam going while it lasted. Moody's and the other rating companies would underrate municipal bonds and then Ambac and MBIA would swoop in and offer their Aaa ratings in exchange for some $$. Isn't teamwork wonderful! Well now congress pressured Moody's to give Municipal bonds the Aaa rating without Ambac or MBIA. There goes their business. Another Wall Street scam bites the dust. Along with it the fortunes of Ambac and MBIA. They're left with no business and a mountain of debt. I can't wait until their stocks slide into oblivion where they belong. Mar 13 11:03 AM
    • Spitzer: The Monoline Angle [view article]
      Why should the monolines be kept in business? MBI and Ambac are debt ridden hulks. Now that Moody's is rating munis the same as corporate debt they've become useless relics. They have no business. Munis will get their Aaa rating without the need for monolines. There're dinosaurs without a purpose. They're stocks will collectivelly sink to pennyland which is where they belong. Again I say BUYER BEWARE! Mar 13 10:06 AM
    • Why We're Still in the Early Innings of the Bursting of the Housing and Credit Bubbles - And Implications for MBIA and Ambac [view article]
      MBI just had all it's business taken away by Moody's plan to rate Munis's the same as corporate debt. MBI is but a debt ridden empty hulk. It will be interesting to see how MBI's CEO puts a positive spin on this developement. To all those so called "investors" who are still buying MBI stock it wont be long before they can take that stock and wall paper their room with it. BUYER BEWARE! Mar 13 09:35 AM
    • MBIA Cannot Estimate January's Losses [view article]
      Just because the rating agencies would give a rotten apple like MBIA AAA ratings doesn't all of a sudden mean God came down from on high and cured them, removed all their worms and turned MBIA into a sweet Red Delicious apple again. Based on the high stock price a lot of investors are falling for this FALSE sense of security. BUYER BEWARE! There is no such thing as perpetual motion, even in the stock market and sooner or later MBIA stock will fall to it's rightful realm with the other pennies.
      Mar 06 04:45 AM
    • Ambac Deal Hits Snag, MBIA Writing Very Little New Business [view article]
      It's refreshing to read the truth about MBIA & Ambac instead of the regurgitated corporate hype from headquarters. I keep saying BUYER BEWARE to anybody buying these stocks. They both will be penny stocks before long. MBIA is under SEC investigation, has at least three stockholder lawsuits against it, is writing no new business, the CEO wouldn't even sign off on his own balance sheet, layoffs, bonus cuts, an EPS of -$15.00 - doesn't sound like a growing company to me. All these so-called "investors" that are buying this thing deserve to lose their money. I don't think I've ever witnessed so much good money thrown away on something so explicitly worthless in my life. Mar 04 05:38 AM
    • Ambac, MBIA: The Shorting Game is Over [view article]
      It's not MBIA insured bonds that are in trouble. They will survive unscathed. It's the HOLDING COMPANY MBI that everyone buys stock in that will disappear. The holding company has a balance sheet it's own CEO wouldn't sign off on because of the many undetonated bombs waiting to go off, isn't signing up any new business, has at least three stockholder lawsuits against it, an EPS of -$15.00 a share and growing, and no dividend. Even IF the bonds it insures are rated AAA, the holding company MBI is a train wreck and will sink to penny stock status. As soon as "investors" wake up and stop throwing their money away on it. Mar 03 05:40 AM
    • Ambac, MBIA Are Still Shorts Amidst This Wink-and-Nod [view article]
      What I would like to know is who are these "investors" who are buying MBIA stock? The stock has no dividend, will probubly be even more diluted with additional stock offerings, a balance sheet that's a train wreck and that Jay Brown himself wouldn't sign off on. I would like to have a buyer of MBIA stock leave a post explaining this seemingly irrational act. MBIA will eventually assume it's proper status as a penny stock. It's only a matter of time. Feb 29 06:12 AM
    • Ambac, MBIA Are Still Shorts Amidst This Wink-and-Nod [view article]
      If MBIA's stock stays around $14 to $15 I have a prediction to make. Brown will do another of his self-destructive things and have issue more stock. Hey, I hope it's a doozy! 200 or 300 million shares maybe. Since I'm short MBIA this massive dilution would be playing right into my hands. No stock dividend, massive dilution, and a balance sheet straight out of a horror show will put MBIA stock right into penny-land where it belongs. Feb 28 09:52 AM
    • In MBIA's Own Words: Split Within 5 Years [view article]
      Does Enron ring a bell? Both the chief executives sang the praises of their company's to the bitter end. Anyone who does their due diligence knows MBIA will not survive without a miracle. And short of some kind of divine intervention that's not likely. Even though it's currant share price is around $12 to $14, it will eventually assume it's rightful place as a penny stock. All I can say with MBIA is BUYER BEWARE! Feb 26 08:30 AM
    • MBIA CEO Feels Pinched Amid Tough Questions [view article]
      What I can't fathom is why people are still BUYING MBIA stock. It's a worthless piece of trash! Yet it went up over $2.00 a share yesterday. Buyers support this thing around 12.00 to 14.00 dollars a share. It's currant status should be as a penny stock. Why are people so eager to throw their money away!
      Feb 26 07:36 AM
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