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Opinion on  Ambac Financial Group Inc. (ABK)     Sector: Financial  >  Industry: Insurance (Prop. & Casualty)
Good for short and long term

Jul 09, 2008 04:42 AM GMT
Return Risk
+5.57% LOW
Analyst

Technical Analysis  

It has consistant good return for over 10yrs until 2006. Only on 2007 and 2008 hit by sub-prime crisis. Last few days (8 July 08) it show big increasing volume and heading north and with CEO buy back, it should gain back its value soon.


ABK:  This call was made on 07/09/08 @ $2.22
Rating:   Positive   $2.22 (07/09/08)
Closed:   08/11/2008 @ $3.9999 (+80.18% in 33 days)
Target:   $10.00 (+350.45%) in > one year


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