Opinion on  Ambac Financial Group Inc. (ABK)     Sector: Financial  >  Industry: Insurance (Prop. & Casualty)
ABK & MBI

I think we are going to see the shorts calling in and more deals to settle debt with is going to bode very well for the prices of both these stocks

If current trends hold we should start seeing the first round of short sells calling in. which should drive the price up faster then we are currently seeing it rise.

The progress this stock as well as ABK have made short term is a very positive sign.  Couple that with the recent deals made to offset or buy out of the volatile debt, and we should start to see confidence regain and again more buying of these two stocks.

Confidence, will be the key factor for both of these stocks.  Once we see some more growth, and a few more debt deals in the books, we will see 20's and 40's for both of these.

I re-iterate my last position on ABK and MBI.  It is not too late for those of you that have not seen the UsLs1 Light.

haha I kid, but seriously, Take a look at the the charts.  they are not OPINION.  they are the only REAL accounting of the performance of these stocks.

You can look at the CEO's you can talk about the overall Sector, but look at the charts.  Look at who is buying them, look at the volume, look at what they cost now, vs what they cost a month ago or a year ago.

30 a share is not that far away for either of these.  20 is less far! haha

Get in now, and lets all laugh at buying these when they were under 20 and 10 .

I'll keep this short and simple.  No detailed, overly elaborate opinions, just an observation based on experience in this stock.

Like I said with MBI,  Buy the stock and hold it one month.  Buy a small amount. buy 100 shares, and see what you have in that month.

Look at the chart.  there is risk in this sector, but there are some (MBI & ABK in particular) that are and will lead the entire sector in the upward trend.

Sure there is a lot of fluctuation, but there is also a HUGE upswing potential.

Fact is, there is more room for the stock to increase in price than drop.

Be conservative in how much you buy, not whether.  You can and will make money long term in either MBI or ABK.