Thanks good eye-- You know how it is - This was a BIG Board at $80 per share- I think AMBAC was screwed by the Govt and Wall street- someone had to be the scapegoat. shocked it survived this long.
Yes, maybe the only PINKY I will touch in 2012, and only because I know their history and that it is a Legit business that made wrong bets and got screwed.
When I saw the double bottom I bought 80,000 shares see that long .021 back in NOV 2010? That was the bottom price for this. That was the signal for people to exit at that .50 cents PPS.