1.7 billion in cash and 1.3 billion commutation of CDS. This is worth in value about $15 to MBIA. We should be A LOT higher that up $4 per share IMO
Sentiment: Strong Buy
Yep! you got it. I am glad to see one more post that is inline with my thinking. More and more people are going realize this soon. MBI will be maturing soon and turn into 20s from its teens.