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MBIA Inc. Message Board

  • tony27719 tony27719 Jul 2, 2014 2:45 PM Flag

    Moody's announcement

    Does anyone really care what Moody's has to say. They affirmed iMBI's rating, but changed the outlook from stable to negative. So what else is new?

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    • It looks like not many people are selling into this false statements and now the big Traders are taking help from Moody's to scare the weak investors and cause a panic selloff. AIMO, please do your own research or DD. To me it looks like a big DRAMA. I am still long and would like to add more if the PPS falls further down. So it looks like Big traders knew something about the Moody's statement in advance. Who know if these traders who sold if at all they really sold to retail, then will come back either Tomorrow or on Monday to grab those shares back. I will not panic and will again reiterate that I am going to add more shares if I see any weakness going forward. I think all the negative news is more than adjusted at PPS of 12.

      Sentiment: Strong Buy

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