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ABK

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Views: 366
Posts: 7
 
Veteran
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Joined: Mar, 2007
Posts: 1066
Posted: #1
Any thoughts on this financial?
 
Covers Linesmen
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Joined: Feb, 2003
Posts: 58464
Posted: #2
I would play safer and go with MBI.

The chance that ABK doesnt make it is greater than MBI, both are quite high risk of course.
 
Veteran
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Joined: Nov, 2006
Posts: 1752
Posted: #3
Just wait until they come back down again, wash, rinse, repeat
 
Covers Linesmen
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Joined: Oct, 2005
Posts: 66698
Posted: #4
if you absolutely positively have to own one of these guarantor turds then buy AGO...it has wilbur ross' backing

the smartest guys on the street have been short mbi and abk for a long time
 
Prospect
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Joined: Oct, 2006
Posts: 130
Posted: #5
I bought some $5 calls on ABK  2 weeks ago.  Already sold 2/3 of my position for 100% gain during that little run up.  Holding for now with the rest of my postion as it is a free trade.  I think we could see another little run up.
 
Prospect
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Joined: Oct, 2006
Posts: 130
Posted: #6
POP!
 
 
Covers Linesmen
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Joined: Feb, 2003
Posts: 58464
Posted: #7
Both are doing well but MBI has performed better since you decided, I hope you made out and didnt sell too early.
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