Don't Bite The Hand That Feeds You

[MarketGeometry]

ABK is very risky stock. I would totally analyze their book before entering. They have negative book value-meaning if ABK
is liquidated share holds get NADA. But they have about 1 Billion premium coming in from their policy. It would go below 2 again shortly. Everything depends how the housing situation unfolds. If house sales continue to increase it could be good for ABK. MBI is in stronger position with cash. I have played this stock but consistently managed to loose money because naked shorting plus manipulation. I would rather choose different sector like Solar or Auto ,Office supplies etc. Semi-conductors are trading in the pennies. They will recover faster than financial IMO. Some stocks are trading at very cheap price and you can make more money on these. ABK will recover but it will take time. They can also go to bankrupt. On the positive note they might get some money from the govt under the bailout plan. ABK is still risky IMO. Only shorts are winning here. THere are about 1000 stock to choose from. Look at the 52 week low listing and you might find some bargains. Also this board has few good picks, you should check it out.