Ambac Financial Group, Inc. (ABK)

Discussion in 'Stock Market' started by NOBama, Nov 20, 2008.

  1. NOBama
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    NOBama Senior Member

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    I think this is exactly what these companies need to start doing. Eat their losses and move on.

    I took a small position in this thing (pre-market). Sold it at cost. Lost about $15. Next case...
     
    Last edited: Nov 20, 2008
  2. NOBama
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    NOBama Senior Member

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    Dammit, I wish I'd of had more confidence in this trade.
     
  3. NOBama
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    NOBama Senior Member

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    You're an idiot, man. I told you this pig was heading north.
     
  4. DavidS
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    DavidS Anti-Tea Party Member

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    One year target at $2.... it's at $1.39 right now.
     
  5. NOBama
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    NOBama Senior Member

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    One Year? :lol:

    One DAY is an eternity (for me) right now!

    I'll settle fo 50% profit on day trades until things "change".

    This one spooked me when the market started heading due south this AM. It was an impulse trade anyway. I know better but, that's what happens when you get out of your comfort zone.

    Once I did it, I should have stuck it out. Hell, it was only a $960 trade. I could have walked @ 1.44 and made some pocket change.
     
  6. NOBama
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    NOBama Senior Member

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    BTW, glad you replied. I thought I was in invisable mode today. :lol:
     
  7. PoliticalChic
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    PoliticalChic Diamond Member

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    I can't day trade. It takes too much out of me.
     
  8. DavidS
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    DavidS Anti-Tea Party Member

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    Closed out at 1.26. Glad you didn't buy at $1.37.
     
  9. NOBama
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    NOBama Senior Member

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    @ 1.26 I would have make $300 or 31.25% on it.

    It's all water under the bridge (to nowhere) now.
     

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