FIG trader_

MBIA, Newcastle: Short Ideas For the Decrease in Land Prices

Its great that you feel you don't have to be very specific about the cause for a potential blowup with MBIA (MBI). Interesting way to analyze financial stocks, and helps me understand who we may be up against when analyzing company and presenting ideas. Its trading just above book value. Notwithstanding the short presented by major hedge fund several weeks ago, they are playing in different sandbox, in the CDS market, with smal changes in credit spreads making or breaking ther bet. Equity investors however ought to learn about value creation, overcollateralization, and loss mitigation in asset backed public finance loans. They are not betting the ranch, and will show very limited losses over time. Buy