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Jan

11

Covered MBI, adding to CAGC

January 11, 2008 | Leave a Comment

This morning I decided to cover MBI at $13.95 and decided increase my position in CAGC by 50% at $2.40. With regard to MBI, the news of Countrywide being bought and the rumors of WM getting taken out is probably going to lead to a short squeeze over the next few days from what is a very oversold condition. With regard to CAGC, the stock has shown that it is pretty much done going down, and I still […]

Continue Reading Covered MBI, adding to CAGC