Bought to Open 1 VMX AF at 2.00

Trade

Trade ticket:

Transaction: Bought to Open
Security: VMX AF
Quantity: 1
Price: $2.00
Value: $200.00
Target price: $40.00

Trade Note:

MBIA took quite a beating over the last few weeks, but having followed the stock for a few months now, I still think they're gonna make it and rebound quite a bit.  I don't think they'll reach their old highs again, but I do think a Jan 09 call at 30 gives them quite enough time to recover.

 They spiked to $38 dollars a month or two ago.  They've gotten a lot of negative attention since then, but the big investors willing to buy in at $31 dollars a share has me following suit.

Posted about 8 hours after the trade

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Trade

Company information:

VMX AF 2.30 0.00 (0.0%)
Market cap 0
52-week high 0.00
52-week low 0.00
10-day volume 0
P/E 0.00
EPS (trailing 12 months) 0.0
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Posted by Recycle on 01/03/08 at 06:09 AM

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