this board is calling for the old cast of characters....you know who you are.
The upside potential for AMBC just got a whole lot more interesting. if you guys have questions you should ask Awe-Som.e.Sto-cks.. They often respond to my emails which is helpful.
The last time AMBC did something like this it blew up. This is so frustrating trying to find trade ideas. I've subscribed to some email newsletters which helps me with new stock ideas. awe-some*sto-ck*s is the one i like best.
Downside risk pretty much eliminated now I would guess, thoughts? google awesome_sto-cks - they offer pretty good trade alerrts. you dont have to trade their tickers but it definetly helps you recognize possible patterns for stocks you're trading.
Ambac Financial Group, Inc. $AMBC Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks 1,000 Day Parameter 2,926 NASDAQ Stocks Price Correlation Histogram Type Description 1. Zero Correlation Histogram - The stock pair is concentrated in the correlation coefficie
Buy AMBAC because you got save $36,-/share. You must only read the event presentation. Fact is that ambac muss secure all payment for losses from Puerto Rico and all other losses, so the loss reserve is enaugh for a 100% estimated loss, but that must not happen. Fact 2 is, that ambac created a kind of payment unitl 2055, if they have no settlement with the Bank of America. But for this time AMBAC owns 30% of all insured COFINA - and the loss reserve sercured also the insured COFINA from Puerto Rico and all other insured Bonds - at this is a kind of $3bn value. So AMBAC can pay the new created own bond for RMBS-Losses they could estimated pay, with there own COFINA bonds. So there is a Pro-Forma balance sheet. You can see the difference and Tier2. AMBAC is save. You pay now less, that the adjusted book value is. This is as you pay $10,- to get a $20,- Dollarnote. This is idiotic but true and they earn each year $18/share. http://files.shareholder.com/downloads/AMDA-1TKRMB/2958796386x0x950075/1E53EB65-3E3E-4713-A068-59D97A6D3691/AMBC_PLAN_FOR_REHAB_EXHIT_7_19_17_FINAL.pdf
Former New York Governor George Pataki discusses Puerto Rico's debt position with Bloomberg's Vonnie Quinn and Anna Edwards on "Bloomberg Markets." (Source: Bloomberg)
Yahoo Finance Insights
AMBCW reached a new Ten Year Low at 6.97
So we have now a team of 5 judge for debt mediation and we knew the PREPA-Deal is not save for MBIA and AGO. So if there is no settlement until june 28, AGO and MBIA must pay the PREPA-Debt of $9bn. This will increase the golden nuggest from PREPA earnings for other Bondholder.
Bad news for those holding out on that big payout by BofA: "The court also agreed with Countrywide that Ambac is not entitled to compensatory damages in the form of all claims payments it made or will make under the policies, regardless of whether they arise from a breach or misrepresentation"