It's an insurance company .... has to do with the performance of their existing assets. Think of it as a company mining gold; they own a mine and their rev changes by how well they do their work. Would be great if MBIA could get more mines in the future for added new business.
Dell you are such a liar. On Aug. 13th The Street upgraded MBIA from SELL TO HOLD. They did not rate it a buy as your headline claims! You selectively left that our of your post to intentionally mislead this MB. And on Aug 13th the date of their HOLD upgrade the MBI stock was around $9.10. The part you didn't post follows:
MBIA Inc Stock Upgraded (MBI)
By Kevin Baker Follow 08/13/14 - 11:12 AM EDT
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
NEW YORK ( TheStreet) -- MBIA (NYSE: MBI) has been upgraded by TheStreet Ratings from sell to hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, weak operating cash flow and a generally disappointing performance in the stock itself.
BEWARE AGAIN AND AGAIN: If not for the great financial crisis we could have easily seen $100 by now. Who but Dell would take REALITY out of a stock and project a value.
BEWARE AGAIN: This poster made the identical $13 forecast for the last earnings report .... the price per share went to a new 52 week low around $9.10 instead. It has recovered some and today is at $10.32.Just pumping no substance.
BEWARE: This poster has a proven history of not posting truths about when he buys and sells. Don't believe a word he says.
I don't know Kmart or anyone else on this Board to lie. You are the only one on this Board that is a liar. You deceive people with almost every post. You have some screwed up idea that this MB is some kind of a game with the shorts vs the longs ... and it isn't Dell. It is a place where people come to share ideas to make MONEY... not listen to insults from small minded people like you who think that differing opinions are BASHERS.
Take your cheerleading to another MB so the people on this MB can share ideas openly and make money TODAY, not at some unexplained future date.
"Us" ? Here's what a few of us think of your dishonest PUMPING:
razzledazzle5050 • Jul 8, 2014 6:20 PM Flag
#$%$! sick of your pumping. eventually it may turn around and "I told you so" is the last thing you have the right to say.
hosedraggers • Jul 8, 2014 8:29 PM Flag
dell.........I think people on this board of sick of hearing from UUUUUUUUU!!!!!! You make no sense on your posts and you definitely do not have anyone here investing their hard earned money's interest!!! It is obvious that you have no idea what you are saying!!! I posted that it was obvious this stock price was going to start going down when it hit into the $13's and with the news that is coming out with the troubles this company is getting into it will continue to fall into the 8's........You can keep buying down but most people do not want to invest that way..........Be respectful to others on your posts....You are dealing with peoples lives here!!!..........GLTA...................Hose
sleestack76 • Jul 8, 2014 7:14 PM Flag
Dell. you need to wake up. short term this is going to feel some pressure. Momentum has changed. Protect yourself. Period. Stop pumping.
Don't really care if you are bored or not. Tell the Board why you lied and why you are deleting your posts. Just be honest for a change.
Dell stk... On June 23rd you were telling Rick that the pps of MBIA will go to $20 by the end of the year and that you may be buying more MBIA. But on July 8 you were telling Hose that you sold 5000 shares of MBI at $12.50 (a price that could only be achieved in a 2 week window around the June 23rd post to Rick). I'll post below those two posts you made to Rick and Hose. What's the deal Dell? Why are you posting buy recommendations when you are selling? And why are you selling when you claim to be a long term investor?:
dell_stk • Jun 23, 2014 9:48 PM Flag
Chances are very high we see at least $20 by end of this year. There was lot of options activity in MBIA during the last few weeks. Rick, I also own MBIA shares bought at various levels. MBIA is my next best stock after FNMA. Lately, MBIA is also looking very good and may be I will buy even more MBIA shares. It's difficult for me to decide if I should buy more MBIA or more FNMA, most of the times I tend to buy more FNMA shares than MBIA shares.
dell_stk • Jul 8, 2014 8:53 PM Flag
Hose...... Lot of people are using aliases and don't believe these posts. I am not sure why all of a sudden some posters or few posters with multiple aliases are calling for 8's. I am very happy if MBI hits 8. I not going to sell at these levels and believe me, I am going to add even more and pull the trigger if MBI gets any attractive than the current levels
Dell must be a Democrat working for the IRS. When he gets caught in a lie, what does he do? He deletes his electronic messages to hide the truth about what he did. Why delete messages Dell? What are you trying to hide?.Here's what he posted on Aug. 18:
dell_stk • Aug 18, 2014 2:30 PM
I am bumping some of my old posts as some bashers are restless, it looks like they are digging into old posts and again to bash MBI. These posters are never going to learn, esp, yournamehere and kmart, both are same with multiple IDs
Sentiment: Strong Buy
I agree that CAS has a huge long bet on CLF. But it is hard to believe that they don't have an off-setting options strategy. So what they care about (and they control the company leaders) can be very different than your desire to have a hold price at $20. First CAS will pay themselves and second they'll take care of the common stockholders. Even if the new Board is willing to sell at fire sale prices they still have a lot of lender covenant details to work out with the lenders. And what do you think the lenders will want from CLF to make the changes? This will all take time and CAS will use it to THEIR advantage not yours.
Hi Kalanty .... please meet Dell who responded to my email below. Dell has forecasted that MBI will be at $20 by the end of the year and on multiple times he has stated that he is a long term holder of MBI. Perhaps he'll answer your question with some well thought out comments.