Both Stocks traded around $60.00 three years ago in October 2007....AIG got $180 Billion Taxpayer Bailout while MBIA got none....AIG did a 20:1 reverse split otherwise it would be trading now around $2.10 while MBIA is trading in $12-13 range with the best news yet to come....Longs, HOLD and Buy on the DIPs while you can....
Here we go! 24!
But aig has $10 billion of ongoing cash flow. mbia has none.minor difference -- just look at 10k......
Good points!I am thinking about these points for more than a year. First time I am seeing somebody else is also thinking in the similar lines.I am not sure how can the MMs and other big institutions can manipulate to this extent and this long.MBI is an easy $20-30 stock with current market conditions.
24.00 bullish price objectivehttp://stockcharts.com/def/servlet/SC.pnf?chart=mbi,PLTADANRBO[PA][D][F1!3!!!2!20]&pref=G
is the current dip in price low enough. I was kinda thinking it would dip a little more.
AGO was trading at $25 3 years ago and is at $20 today. Same business as MBIA and received no bailout money......what's your point?
and they even bought FSA
pv OF CASH FLOW FOR aig = $100 BILLION.PV OF CASH FLOW FOR mbia = $0.wHAT IS THE POINT?