Replies to post #2794 on The Floridian Boys

[JohnnyWinter]

Re-testing 1.11s with about an hour left of trading. . If they keep buying and people don't sell, it could get fun.... or it could tip over the wrong way. We'll see.

[JohnnyWinter]

AMFI looks like it is getting ready to move again. The 50-day around .88 seems to be holding plenty strong, and I bought again right before the bell around .90 . Should be making another upward move soooon.


Reminder: Only 23 Million shares outstanding and there are currently about 3.3 Million shorts out there (about 15% of the float).


(CTZN has been seeing increased buying and volume as well FWIW)

[JohnnyWinter]

Keep an eye on Ambac , in particular their debentures that trade under the ticker symbol AKT.

AKT is currently trading at about 6 bucks, and if they file for bk, it will likely dive into the sub-dollar range which would be a good time to buy them up as they have a $25 face, and if you can get them for a dollar or under, that would be like getting them at 4 cents on the dollar. If they indeed file for bk, even a recovery of 30 cents on the dollar would put each debenture at $7.50 (which would be a great return if they do file and AKT tanks), and if they don't file for bk, then AKT is a great buy in the 5-6 range in which it is currently trading at. If they can post decent numbers and don't file , imo AKT will go from 6 to $20 in no time.