Replies to post #5614 on Ambac Financial Group Inc (AMBC)

[UpstateChris]

I personally do not believe so unless a big buyer (esp non-retail) is taking up a long position. I would be happy to hold 1.04 into the close. Given the news I am surprised by today's action. I figured we would see consolidation after yesterday's AH move, but I figured a close today around 1.14. I see very little to compel me to believe we pop into the close. Here's to hoping I am dead wrong!