Replies to post #7545 on Ambac Financial Group Inc (AMBC)

[Zilla]

Just took a quick glance. For me when looking at BK's I really don't like PPS above .05 and currently @ .21 is not good with a 52 week high only being .50 EC's are always good but learning from Tronox, I'd expect "bad news" with a drop below .10 or more maybe break .05 (52 week low) but in the end a 'compromise' a higher PPS. 52 million shares makes it hard to 'trade' but that's why VRMLQ moved the way it did, but it was a biotech that got FDA approval while in BK. Who knows I just go off of 'instincts,' patterns and liquidity with we have here in ABKFQ with over 300 million shares w/ 52 week high above 3.39 but I never saw the low of .02??? Wish I did. :-D