RAMR- Ram Holdings

[veeraiah]

Hi all,

Is it to Safe to buy RAMR ( Ram Holdings Ltd). Please throw your suggestions.....

[BadThad]

Welcome to SMC!

We are bit different from most stock forums. In the future, when you post a new company thread, please include some basic DD about the company. For example:

RAMR on Google Finance

RAM Holdings Ltd. (RAM) is a provider of financial guaranty reinsurance for public finance and structured finance obligations that are insured by the seven monoline financial guaranty primary insurers, which the Company refers to as the primaries. RAM operates in a single reportable segment, reinsurance, in which it generates business in two primary product lines: public finance and structured finance. The primaries insure public finance and structured finance obligations covering both United States and non-United States exposures. The Company’s customers are the primary monoline financial guaranty insurers and in some cases, reinsurers. At December 31, 2006, the Company’s reinsurance covered 10,957 policies outstanding.

Now, at a quick glance, this is a risky play IMO. They could have some subprime exposure due to bad loan guarantees......however, I'm guessing because I didn't look too close.

[mike_d]

right now, this stock is forming what is called a pincher, i was in it with a small position. IMO it is stil agood play, but i sold for a small loss with other plans in mind for my money.... like BT said its risky. If i would have held for the full day instead of selling, I would have close green for the day.