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Open Tasuki window, should see some good growth. Cash on-hand per share is nearly 5 times the stock price!! Spiked today and then fell below closing. Good buy.
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these guys are still getting run through the ringer imo. Keep an eye on the fitch and moody ratings. imo this will see $1 again with patience, makes for an excellent flipper imo. watch also RDN, MBI and I like CNO also. play by the charts.
cheers
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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AMBAC FINL GRP INC(NYQ: ABK) NEW Real-time: 1.07 0.03 (2.88%) 11:21am EThelp Last Trade: 1.07 Trade Time: 11:06AM ET Change: 0.03 (2.88%) Prev Close: 1.04 Open: 1.08 Bid: N/A Ask: N/A 1y Target Est: 1.33 Day's Range: 1.05 - 1.10 52wk Range: 0.76 - 13.76 Volume: 2,395,462 Avg Vol (3m): 14,151,300 Market Cap: 307.35M P/E (ttm): N/A EPS (ttm): -31.91 Div & NEW YORK, Feb 2 (Reuters) - Bond insurer Ambac Financial Group Inc (ABK.N), whose shares have lost nearly all their value, said on Monday that it awarded chairman Michael Callen a $975,000 bonus for 2008 and Chief Executive David Wallis, who succeeded Callen on Oct. 21, a $500,000 bonus.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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NEW YORK, Feb 2 (Reuters) - Bond insurer Ambac Financial Group Inc (ABK.N), whose shares have lost nearly all their value, said on Monday that it awarded chairman Michael Callen a $975,000 bonus for 2008 and Chief Executive David Wallis, who succeeded Callen on Oct. 21, a $500,000 bonus.
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"The ultimate goal of the compensation framework was to create an incentive for key executive officers that have been, and will continue to be, instrumental to the implementation of the firm's corporate strategy," Ambac said in the SEC filing.
What? "The ultimate goal is to retain the guys that sunk the ship!!!!!!!!" I can't stop laughing right now..
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It's definitely difficult to attract new investors when you announce to the world that your officers are still getting bonuses after the stock lost 90% of its value... really setting us apart.
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