MBI, when was the first wire story on the low ball sale

Have made a couple trades on this and abk.

Looks like another round of dilution and a CFC like scenario.

So the new finacing is at $12.15?

Their AAA rating saved?Think she has one more pop in her or is it dead money?
 
Quote from jazzsax:

had crazy pops this morning, too bad i got out to early (need to learn to let my winners ride!)

Yeah, it was a good run. Thats the last trade I make on it. Opened at 12.26 PM and ran up to $15 in first half hour.


I'll wait on this one to gap down a tremendous amount before I go long on another pop.

ABK seems to be in a tighter range. I think the juice has been milked off these two and best to avoid for now.
 
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