Would like to see Syncora get to the requisite level to uplist via organic growth opposed to a reverse split. Been my observation that reverse splits in general don't work out well, plus with all Syncora has going for it, getting to the $4 mark (alternative of $3 or $2 if the company meets varying requirements) for Nasdaq should be possible organically with one or two positive PRs. I own another penny stock (eltp), and the CEO on the CCs talks about getting to the $2 level to uplist to Nasdaq.
EXTRA: Almost half of a stock's move is based on its industry group & sector. It has been my observation that this influence is not nearly as prevalent for pink sheet stocks. For example, financials down today such as ago, mbi & ambc and sycrf up (and on about avg volume).
Industry group is an important consideration for algo routines, but for penny stocks not so much so.
