Seeking Alpha

johnny inca » Comments » ABK

  • Why I'm Starting a Stake in Assured Guaranty [View article]
    >>Frankly, I am unclear how both MBIA and Ambak are not bankrupt, but then again, many companies that should have went bankrupt have been saved somehow

    It is exactly this kind of thinking that has MBIA at the $4 a share level. People don't know what they have, and are waiting for a sure thing / clarity. If / when it arrives MBI will already be at $15, and those who waited will have missed the main boat ride.

    Instead of buying assured and hoping it falls (?) the best risk reward play is to just buy MBIA and roll the dice.
    Dec 03 06:56 am |Rating: +1 0 |Link to Comment
  • Bankers, Bond Insurers Suing Each Other [View article]
    jeff, i followed the initial link "friday" and didn't see anything about bond insurers defaulting.
    May 18 08:41 am |Rating: +2 0 |Link to Comment
  • Bankers, Bond Insurers Suing Each Other [View article]
    >>Meanwhile, there are increasing reports of bond insurers defaulting,

    Jeff, I have not seen any of these reports. Which insurer (MBI, ABK, RDN, etc) has defaulted on any coverage?
    May 17 09:16 am |Rating: 0 -1 |Link to Comment
More on ABK by johnny inca
Comments by Ticker
johnny inca's
Comments Stats
48 comments
Rating: 30 (77 - 47 )