MBIA should spin off the insurance segment of their enterprise and become a publicly held law firm specializing in lawsuits pertaining to excesses during the financial collapse. They would then be able to avoid all these messy bankruptcies that sooner or later will take the stock price into the pink sheets.
and I continue to hold. The rebalance myth would have had me sell this long ago. Instead I sold GM and Microsoft and bought AMZN and AAPL. I was told I don't know how many times what foolish choices I had made. That was early 2003.
Is English a second language for you? If not might I suggest you go back to grammar school.
I bought this for $18 back in 2003, still holding all those shares. I've watched scarier earnings movements than this. It either falls in after hours and then boomerangs back or just zooms up. Never fails. I would never short this stock.
One guy posts every couple of seconds about Jews, others celebrate an unexplained drop in price, and cheerleaders tell us how Icahn is going to save their bacon. I think I will go elsewhere for info.
Using what metric is today's low the historic low. What is to keep this from going lower? The charts show a head and shoulder pattern. That is generally accepted amongst the tech crowd as bearish. Airlines are still cancelling flights, that can't be good for revenue. The one bright spot is fuel prices are dropping so that when airlines start booking again they may do so at lower fares which will leave passengers with more to spend in the future. But that is in the future and a lot of water will go under the proverbial bridge between now and then. Option volatility for the Feb puts and calls is significantly above the S&P VIX pointing to possible big price moves. So once again what is to keep this stock from going lower?