Replies to post #105 on Ambac Financial Group Inc (AMBC)

[Capinvest63]

Bought in @ 2.07 2K shares -

If indeed the runoff has begun then I will have a write down I suppose, yet there is great irrationality here.

Cheers

[BreakoutÎnvestments]

This was poised Perfectly for the breakout today and we've got LOTS of room to continue moving up, both fundamentally and technically

Posted by: BreakoutInvestments Date: Friday, June 06, 2008 3:18:52 PM
In reply to: None Post # of 265

Institutions still own 91%+ of the float
The enterprise value is 56% higher than the market cap
Analysts are still saying to hold
Got an insider buy yesterday at $2.60
Next year is expected to bring in .56 in earnings (average from 7 analysts)
They are anticipating a $500 million capital cushion by the end of the second quarter
They have no current plans to raise additional capital
They have a solid franchise with a 37-year history of serving financial markets.
A quote from the CEO this week, "I remain confident that as further clarity develops around our portfolio, Ambac’s strong business prospects will be realized.”
And of course, there are more, but the above provides a fair amount of reading material :Thumbsup:

Book value per share: $9.38






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All annotations and statements are in my opinion