Ambac Financial Group Inc (AMBC)

[stockinfosponge]

AMBAC bawaabwaabweaaaaabwaaa....bankrupt

[leach342]

When is exiting bankruptcy ?

[Scooter Henry]

Should be green later IMO have faith

[need_monay_plox]

agreed, it just died.

[stockinfosponge]

Let the sell off begin..

[BigOne30]

its getting well as MYRIAD i think...

[Scooter Henry]

ABKFQ well someone is buying hand over fist.... Despite the news of canceling of commons... Maybe they know something? Commons may have value?

Today I believe we continue up... .07 resistance and .08... After that .10... That's my target today

FNM$ will get a lot of attention today... ABKFQ may get some attention from that...

[TheFinalCD]

wooooooooooow congrat$$$

whats the story why is this stock being bought up when the company PR's commons being cancelled, and worthless??

please do explain


ANYONE!!!

[Cubanwinner]

is a BUY BUY BUY~! Q4 report:
Revenues/Earnings Data Fiscal year ending Dec. 31
Revenues (Million $)
2012 2011 2010 2009 2008 2007
1Q 324.1 203.3 -499.1 1,130 -1,563 461.8
2Q -5.96 148.2 381.2 -474.4 1,332 412.6
3Q 197.2 25.72 361.2 2,690 -2,320 -301.0
4Q 170.4 -- 191.0 566.6 -202.2 -4,790
Year 685.7 295.8 434.1 3,911 -2,753 -4,215
Earnings per Share ($)
2012 2011 2010 2009 2008 2007
1Q 0.84 -2.71 -2.39 -1.36 -11.69 2.02
2Q -2.68 -0.34 -0.20 -8.24 2.80 1.67
3Q 0.52 -0.25 0.25 7.58 -8.45 -3.53
4Q 0.47 -3.18 -0.27 1.93 -8.14 -32.03
Year -0.85 -6.48 2.56 -0.05 -22.31 -31.56

[Scooter Henry]

Up from here my friend

[need_monay_plox]

thoughts on tomorrows action?

[Scooter Henry]

Nice day! More to come tomorrow ! IMO

[hot-penguin]

http://www.otcmarkets.com/stock/ABKFQ/company-info

[mulder35]

How Many O/S Are There here? Thanks...

[hondaboost]

Around 200 Million shares traded between $0.04 and $0.22 last week.

[ArchiH]

Got lucky :) with the buy - just happened to check-in at the right time. Kicked myself for missing the first RUN.

Hoping MFG*Q does the same but it doesn't have ABK's volume.

GL

[Scooter Henry]

Nice trade my friend...

[ArchiH]

In at .035 today and out at .066 - looks like I might have sold too soon...

Watching MFGL* for a similar bounce.

[Scooter Henry]

Breaking .07 soon

[Scooter Henry]

Boom! .10 plus today at this rate!

[Scooter Henry]

Break .06 will be lots of shorts fleeing

[Scooter Henry]

Stairstep up today IMO .. All day big buyer in the know buying all they can... Shorts covering ... We could possibly hit .10 plus today at this rate... Big announcement coming soon?

[oh_snap]

Vort, I have to agree with you on this, it's the only scenario that makes any sense. The holdup to the plan going into effect is coming from the IRS. If it wasn't material, this would have been resolved ages ago. If it was bad, the bonds wouldn't be trading for 3x what they were when the plan was confirmed.

Good luck :)

[Scooter Henry]

.08 break sends us to .10 fast IMO

[Scooter Henry]

Something big brewing here IMO

[oh_snap]

Yes, pullback was on lower volume. Panic can do that, but whoever was buying 130m shares last week is holding on to them.

[TheFinalCD]

because if you shorted from .14-20 it makes alot of cents to cover before anything did change in the BK


why risk it!



cover now its low enuff


dont get me wrong 300k @ .051 somebody is buying

[oh_snap]

Potential Shareholder Action could lead to modifications to the Plan.

Potential Shareholder Action
Certain Holders of Equity Interests in the Debtor may express dissatisfaction with the
proposed Plan and the Options
contained therein. As of the
date hereof, the Debtor does not
express any views with respect to
the outcome of potential actions of
such Holders.

*********It is possible that such actions could lead to modifications to the Plan.***********

It is also possible that such actions
could impact the Debtor’s business operations.

So which is it, Carnac?

[Scooter Henry]

If shorts think the news on commons being worth zero is true why would they cover at .05 makes no sense to me

[Scooter Henry]

See you at .06 plus today.. GLTA

[stockinfosponge]

To entice you to buy more worthless shares..

[TheFinalCD]

could just be a short covering?


exit & gone!

[Scooter Henry]

And that is why we are up 20 percent today with more coming?

[stockinfosponge]

Yes and the chess game has ended..checkmate..Ive always wanted to say that..hahahah

[Scooter Henry]

True story will be revealed soon IMO... It's game time!

[TheFinalCD]

I said that by looking @ L2 that was before I saw the shares being cancelled


moneyduh

[hondaboost]

No. just waiting for the EC to be established, then, Rock & Roll.

[VortMax]

sec is going to have to step in here and find out why ABK overstated its losses which helped put it in BK. The IRS will collaborate with the SEC. Hopefully the commons get back on track.

[hondaboost]

Didn't you say: "ABKFQ .05x.051 lookin good here." on your left face?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86300627

Now, you're slapping yourself on the right face.

Did you buy and sold? or What?

[VortMax]

looks halted

[TheFinalCD]

why did ABKFQ ap down here???

2013/03/28 0.061 0.079 0.038 0.043 50,902,621 0.043
2013/03/27 0.18 0.19 0.13 0.14 16,841,914 0.14
2013/03/26 0.18 0.22 0.16 0.19 16,038,387 0.19

[stockinfosponge]

The stock is dropping..Its a failed cause..I hate to be so skeptical but the facts are the facts..

[Scooter Henry]

Trade what the market tells you on these Q stocks... It's all a game... Big buyer back who ran this .20 plus... Why? Big money is saying this goes higher

[Scooter Henry]

Good luck all... See you .06 plus today IMO

[stockinfosponge]

Listen to Tarnac ..He isnt called Magnificent for nothing..

[stockinfosponge]

Thats definitely a pipe dream..

[Scooter Henry]

Tale of the tape up 15 plus percent :) more to come

[Scooter Henry]

See you .06 plus today... Back to .20 plus soon...

[stockinfosponge]

Sell while you can before it's too late..It can only go down from here on in...Its a gutter washer now..

[Scooter Henry]

All can change my friend ;) up 18 percent so far today... Was over .20 last week... Why are we up so much and still trading .05 plus if the shares are worthless? Someone buying big...