Avoid MBIA, a Stock in Collapse

MBIA (MBI), a high-profile bond insurer, keeps reporting bad news and its stock continues to fall. MBI is a classic illustration of why investors should avoid the price downside. Since the stock peaked at $71.28 on December 12, 2006, it has declined 86.77 percent. And more downside is yet to come.

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Posted May 12, 2008.