MBI CEO bought 100,000 new shares, cool!

I have been quiet recently about my favorite bond insurers. I am not sure how the new economy development around Oct will affect them. I was really worried. Third avenue has not published their letters to shareholders yet, maybe they are in trouble, just a speculation.

But I found out today, MBI CEO resumes his share buying after a couple of months' silence. I feels much better now. Ago's news of acquiring FSA also shows Ago's financial strength. ABK's disappointing quarter seems more bearable now.

Now, I am deep in the water for this year. It is not easy out there, I will carry on. This economy cycle I am doing better than last one, I carried on my resolution to continuous dollar average in my investments as long as I have money. Next one, I will try to learn to short.

所有跟帖： 

• It is very tough to be long in this market, isn't it? -wisdom101- ♂ (122 bytes) () 11/17/2008 postreply 08:13:52

• Wisdom101, thank you for your encouragement! -longtermInvestor- ♂ (447 bytes) () 11/17/2008 postreply 08:43:23

• If u watch survivorman or "man vs wild" in discovery channel -longtermInvestor- ♂ (308 bytes) () 11/17/2008 postreply 08:55:52

• Good advice, -wisdom101- ♂ (72 bytes) () 11/17/2008 postreply 09:36:44

• I traded some GM and doing pretty well. -miat42- ♂ (0 bytes) () 11/17/2008 postreply 08:30:14

• More power to you, congradulations! -longtermInvestor- ♂ (53 bytes) () 11/17/2008 postreply 08:44:32

• For the short term, I only trade, not invest :-) -miat42- ♂ (0 bytes) () 11/17/2008 postreply 08:47:56

• 你吹牛吧？１０月１６日买的GM， -温嘉戛- ♀ (132 bytes) () 11/17/2008 postreply 10:53:33

• Sold in last rally -miat42- ♂ (0 bytes) () 11/17/2008 postreply 10:58:36

• 回复：MBI CEO bought 100,000 new shares, cool! -2121- ♀ (43 bytes) () 11/17/2008 postreply 09:42:34

• http://www.reuters.com/article/marketsNews/idINN1337319320081113 -longtermInvestor- ♂ (71 bytes) () 11/17/2008 postreply 09:53:52