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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jurgis Bekepuris who wrote (52369)9/13/2013 6:14:52 PM
From: Spekulatius  Read Replies (1) | Respond to of 78768
 
Just for the sake offull disclosure, I decided to sell AMBC @19.95$. Reason: valuation too uncertain for me.

I also sold my few KMI @36.9$. Reason: price went back to pre Hedgeeye report levels.

I might get back in both. As far as AMBC is concerned, it really would help to heat a peep from management as far as further plans are concerned. Somebody on another thread recommended to look into MBI, which did not went bankrupt and tries to restart their muni insurance business. As far as KMI is concerned, I really would like to see 5%+ yield.

Note to myself: Stop these "ambulance chase trades". Sooner or later, I will step into a major sinkhole. So far, no harm done, as I made some Clownbucks on both trades.