I forgot to mention...Aside from liking these plays that have bottomed and that have 'good value' tied up in their inner-workings, I've always liked Ambac. I played it a couple years back when it was between .65 and $1.10 or somewheres about.
Admittedly, it fell of of my radar sonce then and it's my own fault that I didn't pay closer attention when it showed up on my scans a couple times this past week. I saw the 'Q', but didn't recognize it...didn't look past the ticker and wrote it off as 'another one being run by another group'...lol. I should have paid closer attention, but better late than never.
Thanks for all the great info on this one AF.