Ambac Financial Group Inc (AMBC)

[schaub]

Have a decision to make and perhaps someone can give some opinions. I bought into this several years ago at 6.15 (I know.....) and I was expecting to take the loss and move on. However, in light of some new potential developments with Ambac, I'm going to hang on for a while. I realize it's very doubtful it will hit this level again, but I have considered averaging down enough to bring my break-even to 1.04 (vs 6.15). I like everyone else don't like throwing money away, but if things fall into place with Ambac, does anyone see this going over a $1? If so, I'm willing to gamble a little more and try to break-even v.s. taking a hugh write-off. Thanks.