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Ambac Financial (ABK) Reports Q1 Financials Today

Posted on May 18, 2010 by Nick

Bond insurer Ambac Financial (NYSE:ABK) will be reporting 2010 first quarter results sometime today. If results are negative the stock price will sink 15-30% and into subdollar territory. No need to worry about if you’re bullish on ABK, just get ready for the 30-50% hike as the stock will go beyond the $2/share range.

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