$1.17 -0.03 (-2.50%)
11/6/2009 4:01 PM

Ambac Financial Group, Inc. (ABK)

CAPS Rating: 1 out of 5

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.

Current Price $1.17 Mkt Cap $336.44M
Open $1.15 P/E Ratio 3.71
Prev. Close $1.20 Div. (Yield) 0.04 (2.60%)
Daily Range $1.12 - $1.20 Volume 18,905,333
52-Wk Range $0.35 - $2.09 Avg. Daily Vol. 15,388,000

ABK News and Commentary

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All Members

721 Outperform
390 Underperform
 

All-Star Members

125 Outperform
170 Underperform
 

Wall Street

3 Outperform
2 Underperform
 

Top ABK Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

albecker123 (< 20)
Submitted May 11, 2009

Over shorted, last squeeze got us to the $7.00 range.

TSIF (98.51)
Submitted November 04, 2009

Ambac Financial Groups share price pop today at least 2 of the 3 of the following three things.

1. Proof that the average investor can't read earnings reports. The $2.19 Billion in quarterly "Profit" was due to "a big… More

ABK VS S&P 500 (SPY)

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Recent Community Commentary

Read the most recent pitches from members about ABK.

Recs

6
Member Avatar TSIF (98.51) Submitted: 11/4/2009 2:14:29 PM : Underperform Start Price: $1.55 ABK Score: +25.69

Ambac Financial Groups share price pop today at least 2 of the 3 of the following three things.

1. Proof that the average investor can't read earnings reports. The $2.19 Billion in quarterly "Profit" was due to "a big accounting boost"...(ie. paper magic). "bond insurer reported $2.87 billion in net unrealized gains on credit derivative contracts during the latest quarter". Math, $2.19B profit, minus $2.87B paper magic = NEG 680 Million. "Ambac also said it paid $315.1 million in claims during the latest period, up from $182.4 million in the same period last year. Those claims were mainly from guarantees it sold on residential mortgage-backed securities." AND RISING... " Ambac said it expects to pay at least $2.5 billion in claims through the end of 2010". I like the term "at least".

2. Proof that the average investor never learns, (i.e. CIT's BK this week).

3. Proof that I suffer from red thumb syndrome and Mr. Market, rational or not will crush me.

Recs

0
Member Avatar ChrisGraley (99.67) Submitted: 11/4/2009 12:39:25 PM : Underperform Start Price: $1.57 ABK Score: +26.32

Do you actually believe those financials?

Recs

0
Member Avatar cbwang888 (29.79) Submitted: 11/4/2009 12:11:15 PM : Outperform Start Price: $1.52 ABK Score: -24.16

Let's go for risky asset

Leaderboard

Find the members with the highest scoring picks in ABK.

Score Leader

MLGtrader

MLGtrader (99.84) Score: +377.74

The Score Leader is the member with the highest score across all their picks in ABK.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score Commentary
fantayt 55.95 10/17/2008 Underperform 3W $3.38 -65.40% +13.20% +78.59
ekswanson 71.28 2/16/2007 Underperform 5Y $88.42 -98.68% -21.82% +76.86
Thefeller 99.24 8/6/2007 Underperform 1Y $60.75 -98.07% -21.80% +76.28
smscardato 82.98 9/5/2008 Underperform 5Y $8.43 -86.13% -10.34% +75.79
tomcassell 69.22 8/28/2007 Underperform 3M $60.27 -98.06% -22.45% +75.61
diediedieno 83.15 8/2/2007 Underperform 5Y $64.62 -98.19% -22.96% +75.23 1 Comment
santac97 68.97 1/24/2008 Underperform NS $14.63 -92.00% -16.98% +75.02
Druid8 86.68 1/9/2008 Underperform 1Y $19.47 -93.99% -19.73% +74.26
Tricotillamania 50.82 1/9/2008 Underperform 1Y $19.47 -93.99% -19.73% +74.26
BetterMoney77 < 20 1/9/2008 Underperform NS $19.47 -93.99% -19.73% +74.26

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score End Date Commentary
TrackJPMorgan 78.71 8/8/2008 Underperform NS $4.81 -75.69% -12.67% +63.03
TrackChrisDavis < 20 6/3/2008 Outperform 1Y $3.03 -23.37% -16.51% -6.87 9/30/2008 @ $2.32 2 Comments
TrackZacks 69.52 2/15/2008 Underperform 3M $10.18 -66.59% -26.88% +39.71 10/20/2008 @ $3.40 1 Comment
TrackBillMiller < 20 12/31/2007 Outperform NS $25.36 -95.39% -23.64% -71.75 2 Comments
TrackFBRCapitalM 75.98 12/17/2007 Outperform NS $28.27 -50.44% -5.61% -44.83 1/16/2008 @ $14.01
TrackJimCramer < 20 11/8/2007 Underperform 3W $24.19 -95.16% -23.73% +71.43
TrackWhitman < 20 9/30/2007 Outperform NS $61.42 -98.09% -26.44% -71.66 5 Comments
TrackCalyonSec < 20 6/28/2007 Outperform NS $84.48 -98.62% -25.12% -73.49
TrackBofASec 93.50 4/12/2007 Outperform NS $83.62 -91.45% -6.82% -84.63 1/18/2008 @ $7.15
TrackFBRCapitalM 75.98 2/15/2007 Outperform NS $90.65 -48.67% +4.24% -52.91 10/26/2007 @ $46.53
TrackDeutscheSec 89.50 10/27/2006 Outperform NS $83.65 -92.00% -3.67% -88.33 1/18/2008 @ $6.69
TrackZacks 69.52 Outperform 3M $0.00 -16.13% -2.82% -13.30 4/11/2009 @ $0.97

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