MBIA, Inc. (MBI)

Current 6.88, Sept 15 09. Limit 4.66

Another non-viable business.

I think we'll see a new 52 week low after Moody's reports it's downgrade. Short term looks really ugly, but I wanna see the next round of earnings reports (loss reports) because I think we might see some improvement.

I like Ambac's answer so far which is fund a new company and get back in the game.

I guess the market forgot that these sub-prime insurers were in trouble. It seems their "safe" market (muni's) are in trouble now too.

share price has dived to a very low level and could rebound strongly once the CDOs prices can become stable in the future.

Significant exposure to subprime mortgages.MBIA has $24.7 billion of "high-risk" credit exposure, which includes direct subprime exposure and more indirect exposure through CDOs, Ackman's presentation said. The company's exposure to so-called mezzanine CDOs, with underlying collateral rated BBB or lower, was $5 billion at the end of 2006, which is 73.5% of its statutory capital, he added. (Info from Pershing Square Capital Mgmt Hedge Fund)

bankruptcy is around the corner

insurer

this one is worthless, other banks are furious at them for ripping them off and will not leave the holding company a penny

Picking the 10 stocks in the S&P 500 with the highest dividend yield every year. This is the second year, MBI is 4th with 11.40%.

I'm looking for 2010 1st qtr results to maybe change my opinion. A decision on reinstating the dividend then and plenty of litigation for them to wade through.

Two words: Bank Bailout.

There's no way these bond insurers will stay this low after the banks bail them out, and looking more long term, they will now be forced to become more selective about their lendings which will lead to more investor confidence, which will lead to up, up, up on the stock price.

The bottom is close, but still a few dollars away.

Ratings agencies now trying to make up for past complacency and err on the opposite side. Institutions don't want to hold a "bad-story" stock and dump for "political" more than financial reasons. Current storm will clearly change business model going forward and may well reduce profitibility -- but look at market position, assets, and current price. It is compelling buy at these levels -- a good underlying business. And Warren Buffet has never shown that he can run an entrepreneur. New venture is going to chip away at margins of competitors, for sure. But the current price provides an awful, awful lot of leeway going forward.

Bankrupt!

I think the upside is good, the maitained rating is helpful. This is a good solid company that will come back.

This company seems to have survuved the worst fears. Still a tough row to hoe here with its insurance business, but the stock has been beaten down to the point where the risk is worth the potential return.

Look for them to survive this year and then slowly get back to the boring business of bond insurance.

This year will be bad for financials and this one might go belly up