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  • gregdines gregdines Nov 16, 2009 7:52 PM Flag

    This say it all...

    No, it doesn't say it all. This is excellent news under the current circumstances. By year end, Fitch and Moodys will give AAA ratings due to the increase in capital. AGO trades off of three factors. It's non-GAAP operating income, it's tangible book value, and the ratings provided by Fitch and Moodys. All three of which look to be falling together to be a fifty dollar stock in no time. But don't take my word for it, ask Wilbur Ross. He'll no doubt be fronting most of that three hundred mil.

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