Trading Ideas

MBI- I’m very curious about this one- Earnings tomorrow

CEO Brown bought 100,000 shares of this mortage insurer in Nov 2010 at 10.  The media has had lots of play about mortage irregularities and the potential of claims MBI and others might have against the offending banks that created these deficient mortgages.  MBI has also made progress in splitting itself into two businesses, the good […]

50% in cash now and waiting

The last couple of days for us have been very frustating.  We were perfectly positioned going into the President’s Day weekend and suffered almost no losses on Tuesday.  I wish we could say we have been that fortunate since.  There has been nonsensical selling.  Alternative energy stocks, such as AMSC go down when oil skyrockets and even […]