Replies to post #9558 on Ambac Financial Group Inc (AMBC)

[Scooter Henry]

There is a big reason why the volume and price have spiked over the last week... It will be revealed soon and has just started IMO big big money coming in here

[Scooter Henry]

.50 plus possible this week IMO... Volume here for a reason... Tons of shorts covering will add fuel to the fire...

[ilenes]

Yes, of course. Half of my response was in my head. sorry. They overstated loss reserves, which effectively kept monies out of the estate, and in addition, understated US assets.

Ilene