While the AMBAC shareholders were wiped out, the WAMU shareholders have survived despite several criminals doing the IT.
Look at the cash at AMBAC and then the price of the stock.
Total Cash (mrq): 6.59M
Total Cash Per Share (mrq): 0.04
Total Debt (mrq): 10.48M
Total Debt/Equity (mrq): 12.20
Current Ratio (mrq): 3.09
Book Value Per Share (mrq): 0.57
Ambac has market value of 3.92 billions, equal to its NOL of about 4 billions.
WMIH value should be at least 6 billions, i.e. $ 30.00 per share.
hey dummy, ambac has billions in annual revenues, wmih has 0 revenues.
Hey Ape you still feel to bee here you dirty dumb Idiot?Why dont you goo and play with your Momma while we share our thoughts without the evil Interference of yours.
And still trading at $0.79...
WMIH is no AMBAC, according to the "market".
Could it be the MMs artificially holding it down?
Tell you what.
If you believe WMIH should be $30/share, I'll give you a deal:
$3/share, how many shares would you like?
Hold on to that deal. Will be ready soon.
How many shares does AMBAC have?
How many NOL's does AMBAC have?
How much Cash does the AMBAC have?
Did the Shareholders of the Old Ambac survived the BK?
Yes you right Aples and Pears.But I prefer WMIH.
Yes, AFG and WMIH are very different, as are AAC and WMMRC.