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And many more crappy days, in the days and weeks to come. Syncora an elaborate sham. Board overriding value at this point is for them to keep their fat paychecks coming with as little work as possible for years and years. $4.50 when pigs fly. IMO.
No way Syncora’s board/management will merge and give up the gravy train. They will milk Syncora for years. Market Maker will crush the PPS. The volume is a mirage. Going much lower. Pigs get slaughtered. IMO.
Illiquid pink sheet stocks too easy to manipulate. Nope, no volume today. Market Maker rules, completely controls Syncora PPS. Going much lower soon. IMO.
Syncora has been an Illiquid pink sheet company for approximately 10 years. Board primary priority, goal is to keep the gravy train going. Management, Board of directors have it made, very little work and their fat paychecks will keep on coming indefinitely. Have to give them credit. However, syncora will sell off soon. IMO
Illiquid pink sheet Syncora’s PPS controlled by one Market Maker. Going much lower from here. $3.50 before earnings and $2.00, $2.50 after earnings. Short financials, all bond insurers, make money. IMO.
Market Maker rules! Completely controls PPS illiquid pink sheet Syncora. Going much lower before and especially after earnings. IMO.
Short the bond insurers, make money. IMO.
Wrong, institutions, other large positions are selling slowly, to avoid a mad rush to the exit. IMO
Illiquid pink sheet Syncora going much lower. Very likely a few large positions are slowly dumping. And it’s only the beginning. IMO.
Illiquid pink sheet sheet Syncora and all bond insurers going much lower. Great short opportunity. Bond insurers a broken business model. Consultants/lawyers are going to get rich. Times they are a changing. IMO.
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Market Maker completely controls Illiquid pink sheet Syncora. Short Syncora and all the bond insurers. IMO.
Illiquid pink sheet Syncora will not reach $4.50. My predictions, $3.75 before earnings. $2.75 after earnings. Illiquid pink sheet companies always sell off sooner or later. What’s the short interest now? IMO.
Don’t believe the hype, Illiquid pink sheet Syncora and all the bond insurers going much lower. IMO.
Like the old Bruce Springsteen songs. Syncora and bond insurers “Going Down”, or “Downbound Train”. IMO.
Short Syncora. Illiquid pink sheet company will sell off soon. IMO
Ever wonder why Syncora’s short interest has remained approximately a million shares for years? And likely increasing lately. IMO.
Remember when Legg Mason sold? Bound to happen once again, soon. IMO.
Perpetual illiquid pink sheet Syncora completely controlled by Market Maker. Market Maker determines PPS of Syncora. Going much lower sooner or later. IMO.
Perpetual illiquid pink sheet syncora, being played like a fiddle. Market maker rules, completely controls Syncora. Possibly the market maker has been shorting Syncora heavily. Watch out below. IMO.
Don’t believe the hype. Illiquid pink sheet Syncora, going much lower sooner or later. As with all bond insurers. The never ending Puerto Rico s**t fest will allow lawyers/consultants/advisors/others to keep raking it in indefinitely. IMO.
Illiquid pink sheet Syncora, is unlikely to reach $4.50. And if it was to approach $4.50, watch how fast both retail/institutions dump Syncora. The Puerto Rico never ending s**t fest will drag all bond insurers much lower over time. IMO.
Don’t believe the hype. Perpetual illiquid pink sheet sheet Syncora and all the bond insurers are a crappy investment going forward. Dying industry/business model. In the never ending Puerto Rico s**t fest the lawyers/others will continuously rake it in for years to come. IMO.
Perennial pink sheet Syncora, will sell off big, sooner or later. Puerto Rico a never ending financial disaster. Bond market very unstable. And the stock market to fall hard soon. But what do I know? IMO.
Syncora just another perennial toxic illiquid pink sheet penny stock/company. Will tank when the market does. IMO.
Perpetual illiquid pink sheet penny stocks, you gotta love them. IMO.
And you gotta love illiquid pink sheet penny stock companies. IMO.
At this point investing in the stock market, financials and especially the bond insurers very high risk. Too many potential black swan events. Syncora’s board will likely hunker down for the foreseeable future. Job security priority number one. Likely, only downside catalyst going forward. IMO.
Good luck. You have to love illiquid pink sheet penny stocks. IMO.
Tesla will go private, but not worth the risk. Have held Google since shortly after IPO. I own no other Faang stocks, except in retirement account. Way to many stocks either are too pricey or too illiquid to bother. Syncora’s market cap appears about right, it may turn out to be worth much more, time will tell, eventually. IMO.
Those large blocks today went off on the bid not the ask. Interesting. IMO.
This volume not a good thing. I’m guessing we go lower from here. Too many shares changing hands and we are down and most likely going lower. Went from a buy yesterday to a hold or sell now. Manipulation of pink sheets way too easy. IMO.
Great posts everyone. Appears to me that presently, most shares are in long, strong hands. Who knows when/if that will shift as PPS increases. Concerned that nothing significant transpires soon enough, and by end of year one or more whales get the itchy finger and decide to unload. As PPS increases so does the risk. If Syncora got off the pinks, it would be a safer investment. Have a great weekend everyone. GLTA, IMO.
If Esposito and board want Syncora to reach its BV or $4.50, they must get off the pink sheets. And sooner not later. IMO. Hopefully, those approximately 900,000 short positions have been covering this week. IMO.
No trades in over an hour. Ihub has volume at 1,297000. TD ameritrade has volume at 997000. Pink sheets easily manipulated, unfortunately. Heading to Puerto Rico soon, to see recovery efforts for myself. Will be spending time in Rincon. GLTA.
Yes, ouch, covered most of my short positions. GLTA.
Totally agree Rock, Puerto Rico’s entrenched corrupt government would love for this bill to pass. I cannot understand how these corrupt Puerto Rico government officials are not being charged, and being sent to prison for a long time. Sometimes, unfortunately crime pays. IMO.
Warren, Sanders Puerto Rico bill would stiff bond insurers. I wouldn’t buy bond insurers with other people’s money, never mind my own. What a complete debacle for years to come. Puerto Rico getting more and more absurd and will take many many years of litigation to resolve. IMO.
Smart money shorting this stock market, big time. Especially the bond insurers. IMO.
Short bond insurers, they are just trying to survive and keep their fat paychecks coming. Broken business models after Puerto Rico. Lawyers going to continue to get rich. IMO.
July 17, 2018, conference call will be of short duration and nothing but bulls**t. Board just wants to keep the gravy train going, indefinitely. Milking Syncora for years highly likely. Many reasons to sell, no convincing reason to buy or hold at this point in time. IMO.