I expect abk and mbi perform better than they currently do, I can't think of other reasons but this one: MA state pension is going to withdraw 2 billion from LM, I do not know if it would be cash or stock, if it is cash, LM has to sell stock to raise funds. LM owns both abk and mbi. Just a guess.
Anyway, I am just going to sell a little bit mbi to cut some margin. I can wait for them to continue to go higher later.
http://www.reuters.com/article/etfNews/idUSN0646299420080806
Anyway, I am just going to sell a little bit mbi to cut some margin. I can wait for them to continue to go higher later.
http://www.reuters.com/article/etfNews/idUSN0646299420080806