Ambac Financial Group Inc (AMBC)

[fresco]

Here's a link to court dates:
http://www.kccllc.net/Ambac

Looking at todays volume shows steady selling beginning with a 500k spike around 11am. Looks like steady dumping in chunks from there. Its always a bit disconcerting when this happens if you're long but this is a bk stock and very volatile.

I've seen various values on the common down as low as .12. It can only go up if the judgement against the hedge funds holds. I expect an appeal as do many others which if you are a trader means take the profits.