Lost: Amtrust (previously disclosed) City of San Jose
Gained: Preferred Owner Group AAA of Southern California City of Carson City of Oceanside
Guess we'll see in August how close they come to filling the hole Amtrust left, but I think the current market price is overly pessimistic so I'm long...
Just don't expect to get in & out of a position easily -- not with a $3 bid-ask spread on an $8 stock...