Ashleigh Rogers
Long/short equity, growth at reasonable price, value, banks

MBIA's Next Earnings Announcement Could Be The Start To A Rally

I first wrote about MBIA (NYSE:MBI) last August when I referred to the company as a zombie coming back to life. Like all zombies, MBIA's path has been slow and shuffling, and filled with a fair amount of chaos and metaphorical bodies as the company works its way back to profitability. The stock has basically gone nowhere in the last six months, and frankly I didn't really expect it do go anywhere - the turnaround story here was simply too new for the market to get behind the firm. All that may be about to change based on two major developments though, and depending on what management has to say on March 4th when the company next reports...

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