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$1.34 -0.12 (-8.22%)
1/7/2009 4:00 PM

Ambac Financial Group, Inc. (ABK)

CAPS Rating:
*

A holding company whose subsidiaries provide financial guarantee products and other financial services to clients in both the public and private sectors around the world.

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1

Avatar jaephu (< 20) Submitted: 6/05/08 10:41 AM : Outperform Start Price: $2.58 ABK Score: -12.97

Buy when the bottom is hit 10 times :)

I think the fundamentals of AMBAC are set to succeed. They are a well established company that needs some market friendliness to really start taking off.

Don't be surprised to see this take off as this industry is here to stay. Now the rating companies on the other hand, need to be changed, not the financial guarantors.

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Avatar IBleedConcrete (99.35) Submitted: 7/14/08 11:02 PM

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The ratings companies may deserve more of the blame but the reinsurance companies are clearly in much worse financial condition.

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