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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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Avatar AhhHaleNo (< 20) Submitted: 7/14/08 10:09 AM : Outperform Start Price: $1.76 ABK Score: 3.47

Company has taken positive steps to start up a dormant subsidiary to write new policies upon receiving the AAA rating.





A buy back was annonced for some of the shares that were offered in early spring of 2008.





Insider buys continue and a newly appointed officer recently purchased open market call optios for $5, $7.5 and $10.





The insurance comisioner in NY, where they are HQ'd, looked upon the buy back favorably.





Fed. announced aid to Freddie and Fannie indirectly lends support to this company.





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Avatar DeerHunter73 (< 20) Submitted: 7/14/08 11:53 AM

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Just thought id add a lil more facts to your post



Ambac Insures $264 Million Military Housing Transaction for AMC West Housing, LP 07/11/2008



If they were DONE as most of you say how can they still get more business!!!!!!!!!!!!!!!!




How can They get more business with no money as you all say?




How are they able to keep going with a crap rating?




Answer CONNIE LEE is going to come alive!




Airforce = Goverment Abk is here to stay.

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