ABK possibly setting up for a very nice run here imo for these reasons. Last weeks news Ambac commutes $3.5 Billion in CDO exposure. <a href="http://biz.yahoo.com/ap/081119/ambac_transactions.html?.v=1" target="_blank">http://biz.yahoo.com/ap/081119/ambac_transactions.html?.v=1</a> The chart seems to be following very close to the same pattern of the last crash and back up very nicely. <a href="http://stockcharts.com/h-sc/ui?s=abk" target="_blank">http://stockcharts.com/h-sc/ui?s=abk</a> TARP finaly applied for. <a href="http://www.ambac.com/pdfs/ABK_TARP_111908.pdf" target="_blank">http://www.ambac.com/pdfs/ABK_TARP_111908.pdf</a> Ambac's disclosure on Collateralized Debt Obligations of Asset-backed Securities <a href="http://www.ambac.com/pdfs/CDO.pdf" target="_blank">http://www.ambac.com/pdfs/CDO.pdf</a> SEC to hold international session on short selling . <a href="http://www.marketwatch.com/news/story/sec-conduct-international-meeting-regulating/story.aspx?guid=%7BE3FBE99B%2DE12F%2D4BEF%2D9182%2D4DBEC49A6D95%7D&dist=msr_2" target="_blank">http://www.marketwatch.com/news/story/sec-conduct-international-meeting-regulating/story.aspx?guid=%7BE3FBE99B%2DE12F%2D4BEF%2D9182%2D4DBEC49A6D95%7D&dist=msr_2</a> I feel that we have been extremely manipulated by the shorts over the past few days but with all of the new developments listed above i think that we are in for a huge short squeeze. Hold your shares tight!!!! Don't let them shake you out as i really believe that we could possiby and easily see 3.00 + very soon. Good luck to all of us. All of this is jmo of course.