Since BAC settlement this is the first time we are seeing at the rock bottom price. $25 trading at $10+, it's a steal IMO.
Sentiment: Strong Buy
hard to tell but why is this dropping like a bird poop.
or perhaps we'll see a reversal in October.
When will BAC settlement be paid in?
Will regulator allow a special dividend?
I remember that during the last Q earnings report Mgmt said that early October they are planning to announce some dividends for MBI. Are you talking about that as a special dividend?
do you have that part of the earnings results?
Do you think MBI PPS will go down more from the current levels? If earnings were also stellar then we could have seen MBI trading around $18 by now, but it is currently trading at $10+. I still think it's a steal buying at these levels.