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  • Hot Stock For Today - ABK stabilized.. Is it permanent ???

    ABK up 35 %. What Next......

    Hey Guys,

    ABK Financial went up 35 % on Wednesday on the news of Earnings Profit.
    Ambac reports $2.2 bln quarterly profit, shares jump.Bond insurer says it will pay at least $2.5 bln in claims through 2010.

    ABK is one of the companies which went through lots of ups and downs avoiding bankruptcy. Recently investors were shocked by the bankruptcy declaration by CIT Group. The News came when the market was coming back high. ABK has got a big boost in the stock price by its earnings report. It has also warned investors that they estimate to pay $2.5 billion in claims in 2010. This means that the price range of the stock will not jump much suddenly.

    Reasons to enter in ABK now. 
    Trust among the people - No bankrptcy now
    Thursday - Profit selling possible - good entry point
    Analyst upgrade may come anytime in a week or two

    Best way to get in is on Thursday at low price or on Friday and hold atleast for a month. Profits may come even earlier.

    It is Risky yet so keep an eye on the news ABK press conferences.

    We are Here to make money and we will succeed by Smart Work.

    God Bless,

    Be Rich.


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