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Well that's the bond insurer's claim to fame..
easy $$$ today as they begin to climb...jmho.
The shorts want more but maybe they are at the threshold right now.
ABK PMI in chats today.
Mont Blanc
I am glad you sold out from ARSC, thanks ^^, these pinkies and pennies are scams! Let's build our wealth together in big caps. You are getting enlightened.
Agreed Strongus... Been watching BB's more and more. Love the options!! :*) SWHC was an 1100% gainer on Tuesday if you bought the calls in the morning...
MBIA raises $1.1 billion as share sale closes
Bond insurer says it's confident it can honor commitments to policyholders
By Alistair Barr, MarketWatch
Last update: 6:31 p.m. EST Feb. 13, 2008
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SAN FRANCISCO (MarketWatch) -- MBIA Corp. said late Wednesday that it raised roughly $1.1 billion from selling new shares as the bond insurer tries to boost capital and keep its crucial AAA ratings.
MBIA shares climbed 2.8% to $11.96 during after-hours trading on Wednesday.
The company sold 94.6 million new common shares at $12.15 each for total net proceeds of roughly $1.1 billion. Private-equity firm Warburg Pincus, which has already invested at least $500 million in MBIA, bought $300 million of the new stock as part of the offering.
MBIA said it has increased its ability to pay claims by as much as $3.2 billion in about two months; raising $1.1 billion on Wednesday, $500 million selling stock to Warburg, $1 billion from a surplus notes offering and $200 million to $500 million from existing guarantees that expired during the fourth quarter.
"We have the strength to honor all of our commitments to policyholders," Chief Executive Gary Dunton said. The extra capital will also help the company pursue new business opportunities, he added in a statement.
Warburg had committed to provide a backstop for MBIA's latest offering by agreeing to buy up to $750 million of convertible participating preferred stock. But MBIA said on Wednesday that it didn't use the backstop and Warburg didn't exercise its right to purchase $300 million of the convertible securities.
Bond insurers like MBIA (MBI:MBIA Inc) have been hit hard by the mortgage crisis. There's concern the companies will suffer losses from guarantees they sold on complex securities known as collateralized debt obligations (CDOs), imperiling their AAA ratings. Without these top ratings, their business models may be undermined.
Bond insurers are trying to keep their AAA ratings by raising new capital. Regulators have also stepped in and are currently working with bond insurer counterparties on possible bailouts of specific companies in the business. Yesterday, Berkshire Hathaway run by Warren Buffett, offered its own solution. See full story. End of Story
Alistair Barr is a reporter for MarketWatch in San Francisco.
I overstayed my welcome on a few pink stocks because I thought they were different from the rest. I learnt a good lesson there. I have reduced my exposure to these stocks in the recent days and planning to be completely out very soon. Same goes for penny stocks from bulletin board. With the recent melt down, there are so many bargains in big boards itself. Keep watching this forum for some great turnaround candidates.
MBI ABK SCA RAMR - All of them will starting running higher on any good news for the sector. All are beaten down and being prized for the worst..
I am moving into big boards for most part. I still think ARSC is a good long term hold. There is a lot of supply coming in but not much demand at this time. That is why it is going lower.
strongus,
noticed you were out of the ARSC playing field, tired of waiting?
Pinks Stinks!!! :*) Go where there is momo and sell when its green!
I no longer believe what any pinkie stock says GL!
Strongus, what do you think about PGPM. News of EPS of 0.06 PPS is currently at .0023. Is this ready to launch or what?
Strongus, what do you think about PGPM. News of EPS of 0.06 PPS is currently at .0023. Is this ready to launch or what?
Big board bounce picks : RAMR SCA ABK MBI BRLC
AquaGold International, Inc. (OTC: ONMC) Engages EricDavid & Sons, Inc. to Initiate Aggressive Investor Awareness Program
OMNINET MEDIA.COM, INC. (PINKSHEETS: ONMC), soon to be AQUAGOLD International, Inc., today announces that it has engaged Plainsboro, NJ-based Financial Public & Investor Relations Specialists, EricDavid & Sons, Inc. to head and execute a comprehensive world-wide investor awareness program for expanding its shareholder base and increasing public awareness of the company.
EricDavid & Sons will initiate a program, which includes but not limited to developing and managing institutional exposure for under-followed, micro cap companies to enhance the visibility of AquaGold International within the financial communities along with improved shareholder communications.
"We have been following AquaGold International for the past 3 months and believe the company is poised for short and long term explosive growth as they pursue commercialization of China spring water contracts within the very short term," commented EricDavid & Sons CEO Steven Weiss. On February 8th and 9th, I had the opportunity to meet with the AquaGold International CEO, Mr. Manuel Da Silva and together have officially joined forces and have put together a strategic world wide Investor communications awareness plan. I am totally and unconditionally impressed with Mr. Da Silva, not only with his personal knowledge of the industry but also with his extensive contacts in China and for most of Asia. I envision Mr. Da Silva taking AquaGold International to unprecedented heights in both the short and long term. I am honored and humbled to be working together with Mr. Da Silva and his Aquagold International team of executives."
This is an opportune time to launch an aggressive investor awareness program," said AquaGold CEO Manual Da Silva. I have personally met with the EricDavid & Sons, Inc. CEO Mr Steven Weiss and I am very impressed with his talents, background and knowldge of the micro cap investor and financial public relations industry and have total confidence in his ability to get the word out to Wall Street. Mr. Weiss, through his EricDavid Newsletter, has already brought us many new shareholders during the past 3 months of coverage. I am excited and very pleased to announce the engagement of EricDavid & Sons, Inc. and to take advantage of their professional Financial Marketing with institutional and individual investors alike as AquaGold International turns the corner and moves forward with our new stock ticker and major announcements of which will now get world-wide coverage.
its been one very interesting ride, i learned alot ,, how to get my ass kicked and beat up and spit out all at same time,,, i learned that even when there is prs , read closesly,lawyers ans sharp ceos know how to post ,,and play the prs,, in my opinion , it is a gamble,, people were shorting the crap out of rgno all the time, in anticipation always of numbers that were suppose to come out,, the recent rumours that have shocked the stck, make sense, there is a delay and people will take advantage of what ever they can, rembere 10 grand 20 grand is still 10 or 20 grand , ,,, i feel bad bad for investors that stayed in this stock all they way and have paide ten cents for there shares,,, there has just got to be a better way to make a buck,,, good luck and god bless
Pizzabuster1.... I didn't post this on RGNO because I figured it would be deleted. To answer your question on RGNO, I think investing in this stock has now turned to gambling, instead on investing. Flip of a coin is the best you can hope for. Too many unknowns to make a call, who are you going to believe and trust at this point. I think there will be a r/s. If so, pps may go up a little , then fall back, however we do not know about assets, yet to determined. Also new company may take this somewhere in the future. imo I am still holding , but like many am down alot.
Big board Picks : DD & Thoughts. Check these out..
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26609943
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26610177
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26609882
RAMR is looking for a nice bounce tomorrow..oversold..Good vibes from MBI & ABK news after market close.
Lots of green today ! RGNO HMGP NWOL RAMR SCA NSTR all did good..
Here is a link to some COPI due diligence that I have posted for anyone interested in one of the better performing stocks of the last month.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26303474
pizzaconnection, banking on rate cut,, .75 percent, will force the issue,, press the issue, silence the shorties,,,, this how we do it in the hood,,, theres no biz like show biz,,,, gooooo rgnoooo, look for monster run here ,,, , and more good news is anticipated , walk slow drink alot of water and hit eh ask,, oh yeah and carry big stick,,,,,,,, time to bake the love cookies, and then wait for the rest of the trifecta to come into play,,, good luck rgno and giants,,,,
hey gunns how did u like them giants,,,,,today ure going to see the meaning of theres no biz like show biz,,, gooooo rgno,, the love cookie has arrived, the monkey donkey shuffle is in play,,, more good news coming very soon,,,good luck and god bless
Regions Oil & Gas Unveils Plans
Monday January 21, 1:06 pm ET
DALLAS, TX--(MARKET WIRE)--Jan 21, 2008 -- Regions Oil and Gas (Other OTC:RGNO.PK - News) today unveiled its future plan.
Regions Oil faces challenges in the coming weeks as it works on the implementation of its business plan.
The company has received many questions about the recent merger and future of the company and the company hopes this will answer some of questions presented:
A name change with a new company website is expected in about 3 weeks. The website will include a News page that will include all company press releases, a Blog page where the company will post updates and a Financial page where the company financials will be posted as well as information on the company and contact information.
A hotline line number for shareholders to leave messages for management. Management will make its best effort to respond but will also use the Blog to answer questions.
There are potential acquisitions being discussed with no additional information for public release as requested by the potential subsidiaries.
Mr. Papaleo has been appointed interim President & CEO and a new President will be appointed in the coming weeks. Also, the company asked that you not contact Mr. Papaleo with questions about the company as he is unable to answer any questions due to his Executive temporary status.
After further review, it was discovered that non revenue producing Oil Leases are part of the asset list of Regions and the company will release and post complete detailed financial statements on the company's new website within the next 30 days.
The company strategy will continue as a holding company. The strategy is simple; diversify holding, acquire companies, assist with business development, grow the company infrastructure, assist with marketing to increase revenues and profits and evaluate for a possible reporting status and reach the OTCBB.
About Regions
The company is a holding company with a strategy seeking to aggregate various business models to operate and enhance for sale or to participate in its subsidiaries becoming fully reporting companies and move to the OTCBB.
Disclaimer:
Statements released by Regions Oil and Gas, Inc. that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental and technological factors. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
Contact:
CONTACT:
Regions Oil & Gas, Inc.
Email Contact
What an epic game that was. Truly phenomenal.
ot Take Giants and the 13.5 points....I have 2 penny stocks, rgno and GSII....HMMM
RGNO going up to the moon soon.
Superbowl bound, Pat's vs Giants.
We are both winners for now Pizza.
Rggs remmen]meber one thing and one important thing,, ---- THERE IS NO BIZ LIKE SHOW BIZ,,,,,,LETS GO GIANTS AND RGNO GET PUMPED,,
OT GIANTS HITTING THE ASK RT NOW, STILL FOCUSED,, BABY NEEDS NEW SHOES,, AND NEW SHELL, FOR PIZZA CONNECTION ENTERPRISES,,
,, JUST TOOK QUICK LOOK, TOMMOROW I GET A CHANCE ILL BE OVER APPRECIATE THE INVITE,,GOOD LUCK AND LETS GO GIANTS,,, THEY CAN DO IT , THEY CAN DO IT ALL NIGHT LONG,,,,,,
OT - Packers win on last second touchdown!
OT==== GIANTS FOCUSED AND IN CONTROL,, ,, NOW FOR RGNO TO TURN IT AROUND , ALL THEY NEED IS TO STAY FOCUSED,,,,, IF THE FLIPPERS ,GIVE RGNO ENOUGH TIME TO LET THE NEW CEO UNLEASH THE GAME PLAN WE COULD SEE 25 CENT REAL SOON,,,,GOOD LUCK AND GOD BLESS,,PIZZA CONNECTION WILL BE HITTING THE ASK TUESDAY MNG,,
Playing BOLV for a bounce..Let us see what the next week brings..if they let it run for a few days, that will be nice..lol..
Hi,
Some of my ol buddies are here. =)
Any thoughts on BOLV?
LIVE4TRUTH. *^]-
Have a nice evening.
Make a bundle Most stocks are beaten down hard..nice upside potential looming large..
Thanks stongus--appears on bottom right now with an upside potential of a dollar. And a lot safer than I thought RGNO was-lol. The sky could be the limit for RGNO next week-IMO. Been hearing a lot of chatter about this RM.
Looks like a good bet. I know Lowman was big on that!! It needs to break the downtrend though. Most of the O & G plays are being shunned by traders nowadays. May be they should become an entertainment company lol
Hi Strongus. Like to have your opinion on a stock I have been buying. ALRY--been in business 17 years-pk sheet energy stock.
LOL Strongus I was just kidding about that post you pm'd about.
It will help your cause if you STOP complaining about Matt all over i-hub. I will try for sure.
AMEN TO THAT,, LETS MAKE SOME MONEY, AND FEED OUR FAMILIES,,, GOTTA GO TO CHURCH , HEY STRONG GET ME OF THE BAN LIST TODAY SEND MATT A E MAILL,, THANKS
Big board watch : RAMR ABK BKUNA OPXT MBI
Rock and Roll It is hip-hop time in RGNO..lol
AGREED, NO PROBLEM MY MISTAKE,, AND I EXPECT THE SAME RESPECT ALSO,, AS I HAVE HAD MY SHARE OF LOOSE MISSELS,, LETS MAKE SOME MONEY , THATS WHAT WE HERE FOR BOTTOM LINE,, TAKA CHOW,,
PIZZA CONNECTION HAS 24.5 MILLION,, SHARES,, AND WE WILL HIT THE ASK EARLY TUESDAY,,THATS IS BETWEEN 11 POSTERS,, ,, NOW WHAT QUESTION I ASK SINCE EVERYONE DIGGING, WHAT LEASES WERE PR TO HAVE BEEN FINALIZED AND WHICH ONES WERENT AND WHICH OF THE THREE COMPANIES, OWNED THEM, QUSTAR LEASE ,, AND WATER PLANT MIGHT STILL BE IN THE DRUM SET OR IN THE ELECTRIC GUITAR,, PAPILION HAS THE MIDAS TOUCH,,,,
That might be worthy of a one year ban. I am appalled. Go to church and ask for forgiveness then apologize to Matt.
MAC LIKES A STRANGE PIECE SOMETIMES,, IM THINKING JERRY STILL HAS HIS SHARES AND THEY WILL BE NOT RESTRICTED,, ,,MAYBEY LEATHER NECK GAS AND OIL BE REVERED LATER IN TIME, IF THRE WAS 3 COMPANIES BEFORE , WE STILL GOT ONE EXTRA FOR EMERGENCY USE,, IM LIKEING THIS NEW GUY PAPPILION,, HE GOT A GREAT TRACK RECORD AND PROVEN TRACK RECORD, PLUS HE IS A PAISONO,, WONDER IF HE CAN SING CHE BELLA COSA NAH GURNATA SOLA ,,,REALLY JUST LOOKED HIM UP LOOKS LIKE A WINNER, JERRY PUT US IN GOOD HANDS WITH THIS GUY,,, IF HE IS A GIANTS FAN , HE GOT ANOTHER CHECK MARK,, WOULD LOVE FOR THE LONGS HERE TO SEE A NICE RUN AFTER WAITING FOR 10 MONTHS AND GOING DOWN 90 PERCENT ,, ANYTHING WILL LOOK GOOD, LETS JUST HOPE HE IS NOT DILUTING TOOTING MACHINE GUN KELLY TYPE CEO,, ANYWAY HES A WINNER AND WE PICKED HIM UP ON WAIVERS, A HIGH PRICE PROBABLLY A NO 2 DRAFT CHOICE FOR NEXT YEAR,,
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