ABK, revisited

I am absolutely fascinated by market volatility, and ABK is a prime example. Any stock that can have daily swings of 20% is ridiculous in my book. So today, I did the reverse of what I did on Friday - instead of shorting it, I bought it when it dipped after hitting 12.50 (11.485). Less than an hour later, I sold at 12.50 for an 8.8% gain.

This time, I knew what was happening, and got paid. Information is power.