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Oxford is not touting either HNHAF or HNHPF. Oxford is actually telling you to buy 2317.TW which trades on the Japanese market. Their reason is because it is much more liquid. When buying HNHPF you are actually buy 2 shares of 2317.TW. The problem I had with buying shares on the Japanese exchange was it cost me $192 to execute the trade. ( I went through Fidelity) I am a happy with the recommendation I am up 19% since the beginning of Oct. Just be aware that trading begins at 8PM EST, so any trade you do today will not get executed until the next day trading in Japan. Also, Oxford claims a 4% dividend, I think that was a distribution for fractional shares created by a stock split. I am up on all Oxford recommendations.
Congratulations Ricky Boy you finally got it right!!!!!!!!!!!!! Yea what is the next number we should be watching for????
Rick, they are making you work for that $5 print hahahaahaha
Rick is one smart fella who is feeling smart!!!!!
I suspect there are a lot of folks bailing today because of the uncertainty of how this board does things. I have lightened my load a little but still holding shares to see this through
I don't understand, why we are still valuing Sycrf as a monoline? They have cash of about 4.87. Cash, how Does cash get valued at a discount. Then they have other assets which are worth something, I understand they should be valued at a discount, plus the NOLs. I would think we should at least be trading at the cash holdings of the company. IMO, this selloff was due to the folks who were trying to make a score, short term, when it did not pan out they bailed and the MM dropped the price like a rock to get some cheap shares. When the weak hands are out we should see closer to the cash holdings and maybe a little more. Please correct me if my thinking is off.
Hahahaha, speaking about milking, how long are you going to milk this narrative. You are a piece of work snowball, same story week after week, month after month, year after year since about $1. You are always wrong, you have never been right. This is why I will be buying more this week.
Hi Denny, have these PR protests had any effect on the prices of the PR Bonds? What are your thoughts as to how a change in power might enhance the chance for a settlement? Thanks in advance for your input
Happy 4th of July. God bless America, home of the free because of the brave.
Is this the calm before the storm????? Something brewing???
Well the 600K was most likely a sell of 300k and a buy of 300k. So net net zero shares traded on that. A more likely scenario is the MM has an order to buy X number of shares, As people sell over time, he takes them into his position. Yesterday he sold his position to his buyer. This all IMO
Lincoln, If the company is sold for $10 a share I will kiss you!!!!! Hahahaha If you accept the offer your broker dealer will send your shares to the Stock Transfer agent who will be taking the shares and exchanging for cash. You should see shares coming out of your account and funds being deposited. If you don't want to wait, you can sell on the open market for the going price.
Banjo, Snowball et al If a SYCRF sells it's business and has all cash is it still considered a bond insurer? hahahaaha
Well something stinks, and it is not this stock. Hahahahaha
At this point I dont think I would want distribution or dividend, for tax purposes. Not sure how that would be taxed. If we are bought or we sell the stock most of us who have held the stock for a year plus would only pay capital gains tax of 15%. Not sure about dividends/distributions. I will check and get back to the board. Or if anyone know the answer please advise us. Thanks
Well snowball, please enlighten us. Who is this entity that is shorting this stock? According to your IMO this stock should have been in the $1 range by now. All the bond insurers should be dead. And of course your boldest prediction that you would be out of the stock and gone from the board. Yet here you are. So please tell us the entity who is shorting this stock? We await your answer
The guy who can't call what he will do is giving his IMO hahahhahaha Something big is brewing, the most unsuccessful investor I have ever seen is still trying to scare folks out of their shares. He is like the Democrats still pushing Russian collustion
Only low class, broke ass, non successful people think that way snowball. Rich, successful people do not think like that, they are dealmakers. They don't milk companies the work for. Everything you say, the opposite happens. The bond insurers are all going down, they are all up about 10-15%, SYCRF will go down sooner or later up 300%, The board is just protecting their jobs and milking the company will never increase shareholder value, again PPS up 300%. Even when you said you were selling and would be gone, yet here you are almost 1 year later. You can't even call your own move, IMO IMO IMO Hahahahaha
Hi guys saw an after hours trade go off at 4.70 can anyone confirm? Thanks
I agree Lincoln, I think it is just house cleaning, taking out some stops and moving some shares around
Hi Denny, It has been a long ride, and everything you reported on this board is finally coming to fruition. You are the man. Just one question regarding the SYCRF board bonuses, from what I remember besides the stock price criteria there were some other things which had to be completed before the bonus is paid to the board. Just wondering if those criteria have been met. Thanks again for all your hard work
I saw that 100k printed after the close. Someone must know something
Snowball please explain how people are selling an "illiquid pink sheet stock" mind you, and the "illiquid pink stock" still goes up or stays the same. Do you know what "illiquid pink stock" even means? You mentioned Legg Mason who back in 2014 sold a large position very slowly and methodically. The "illiquid pink Stock" moved down to .25. That was one seller, yet here you come every day touting how this "illiquid pink stock" is being sold by multiple large stakeholders yet the "illiquid pink stock" continues to go up. I think your pants are on Fire. hahahahahaa
If there are large positions selling this illiquid pink sheet stock the stock should be dropping like a rock. So your theory is incorrect Snowman Just keep those hits coming...hahahaha Can't wait till Friday Denny. Thanks for the info
Yes Denny, and it smells really good. I guess Snowballs, does not know the news, Syncora is not a bond insurer any more. He is outside the kitchen begging for scraps. Hahahaha Thanks for all your help
Hahahaha Snowball is begging for shares. Something big is going to happen soon. Last time he was this hot for shares we went from the low 3's to 4. Buckle up boys and girls here we go!!!!
Snowball, just those hits coming baby... The more you talk the further from reality you get. Hahahaha
You have been saying that for 2 years and $3.00 ago. You wish you could find a stock that has performed like SYCRF. The greedy board (not) has done nothing but good for this company. You have been losing for 2 years. Hahahahaha
Yeaaaaa Snowball is back This means we will start to move higher soon. Can't wait
When I see the market as a whole drop over 3% and we remain UNCH I know we have a strong position. I am holding strong for the next leg up
Thanks Denny
Hey guys, thanks for all your due diligence. Can anyone tell me, once this $275 million notes payment is made, how much more is left to payoff? Thanks in advance
I guess they are going to wait for the conference call to let us know any details
I think some people got a good bargain today, I got 1000 @3.55 on the way back up. I am willing to wait it out. Just hope the overall market cooperates. Denny, Irish et al thanks for your words of wisdom.
Hahahaha Denny, Snowman is covering his shorts. Sorry I missed you out in NYC for the meeting, we will have to meet in the Caribbean when SYCRF hits $10. Is a merger possible with another monoline? If they merge can they still use the NOLs?
Hahaahahaha Snowman is writing more checks to cover margin calls. If I recall correctly he was shorting all the monolines.
Over 70K shs traded after 3PM this afternoon. Someone knew something. Good job on this news Denny, as usual.
You know how it goes WOW man. I am surprised Snowball had time to post with all the checks he had to write to cover the margin calls on his shorts of all the Muni bond holders. hahahaha
I guess we will be going up again tomorrow, thanks Snowball. Your great mind works in mysterious ways, these 70 plus old men are going to milk Syncora for many many years to come. Hahahahaha you belong in comedy. If you keep shorting who is buying these losing shares your selling? I know you won't answer, it is a rhetorical question.
Now that snowball has spoken, more than likely PPS will go up. He is wrong 99.9999% of the time