Ambac Financial Group Inc (AMBC)

[spencer_has_arrived]

Well here is my prediction for what its worth.

Monday:
Market is Bullish
Financials Bullish
ABK has any positive news at all as it relates to this weeks news then

You will see covering and short traps and heavy volume.....this stock could go right back up to the $7.00 level.

Monday:
Market is Bearish
Financials flat
ABK gives out no news and there is some speculation about tuesdays meeting then it will remained locked in the $3.00 ti $4.00 level.

Best case scenerio:
Tuesday the goverment agrees to help and ABK gets to count that help on its quarterly report then BOOM!!! and by BOOM i mean Connie Lee is back on, moodys ungrades our rating, the buyback is reinstated and this stock goes above $10.00 and stays above it......$30.000 by christmas and next quarterly with everything ticking.....back into the $50.00 range

Worst Case Scenerio:
Goverment refuses to help, Moodys downgrades us 2 levels.we stay at this level until the market improves which will take a year or two. We mull below $5.00 until ABK is either bought out or improves on its own.
Everything gets put off. Connie Lee and buyback until next year if were lucky....we will be vunerable to a takeover and if we are lucky we get half our value which would be $15.00 a share and we miss out on the greatest life changer stock move ever.

I want the goverment to help some and give us some breathing room. Moodys needs to be proven wrong and shown that there ratings system is out of touch with ABK and MBIA's business model.
Unfortunatly its too early in the game to hope... too many variables playing right now that could jerk us either way.
But man oh man if good fortunes small on us and ABK's CEO's bets pay off.....we will all be very wealthy.
Havae a great weekend.