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Yes, almost anything is possible with OTC pink sheets. Possibly just shifted/moved them for tax purposes. IMO.
Syncora a snowjob, sham. Naive if you think over a million shares were bought yesterday. The fix is in on OTC pink sheet Syncora. March of 2014 was the the pump and the opportunity to cash out with big profits. Now Syncora being milked by Esposito and the board. IMO.
Maybe Irish, and I hope you all make a lot of money. However, Syncora and otc pink sheet stocks are risky, and gambling for the most part. I’m guessing also, that there was some naked shorting today. Syncora likely lower tomorrow and into the new year. IMO.
Sold most of my shares of Syncora. I just don’t believe the hype. Bond insurers business circumstances, challenging, to say the least. JIMHO.
Short bond insurers, make money. IMO.
Short bond insurers, make money. IMO.
Short the bond insurers. Make money. IMO.
Yesterday’s 600,000 shares, likely a sham for tax purposes. OTC pinkies too easy to fix, munipulate indefinitely. IMO.
Brand, never said Esposito and the board looting Syncora. They are however totally ignorant of the OTC market/stocks. The bonus incentive plan, unrealistic as long as Syncora a pink sheet company. I give them credit for keeping their jobs by keeping the company afloat. I just believe that with Puerto Rico and where we are in this bull market that there is more downside potential with Syncora going forward. IMO.
Don’t believe the hype, or the pumpers. The fix was/is in regarding pink sheet penny stock Syncora. Short the bond insurers, safe bet. IMO.
Esposito and the board whistling all the way to the bank. Being on the pink sheets and controlled by the NYDFS, just fine and dandy with Esposito and the board. Nothing changes at Syncora, which is great if you are Esposito and board who are milking Syncora for all it’s worth. Syncora will be on the pink sheets for ten years for sure. Shorting the bond insurers a safe bet. IMO.
Wow, because I want to see what happens with your millions of shares. And what happens to all the other retail investors that have boatloads of shares. IMO.
Down we go. Penny, pink sheet companies just don’t attract investors for obvious reasons. Nestle and Nissan motors are two exceptions of pink sheets that are not shams, they are also not penny stocks. There are a few others. Syncora potentially will languish for years as a pink sheet penny stock. IMO.
No, I have never been fired from a job. Pink sheets and too many penny stocks are pump and dumps. Syncora was pumped and dumped in 2014. A second pump and dump could possibly occur again, if/when Syncora’s bottom line improves. IMO.
Brand, nope, at this point in time 85% managements job to get off the pinks. That should be the boards number one priority and goal after almost ten years on the pinks. When retail investors own too much of the float, as is the case with Syncora it will be an ongoing problem to increase PPS. MM knows retail investors will take profits sooner or later. Some retail investors have millions of shares, an example is wow. IMO.
Because of Puerto Rico bond insurers will be hurting for a long, long time. Safest short positions in market. IMO.
Ok, I admit I was guessing, however why the heck does it appear like there are an unlimited amount of shares available at $2.10. Hopefully short covering. IMO.
All depends on volume. Higher the volume the faster and lower Syncora PPS goes. IMO.
That Syncora is an illiquid otc pink sheet penny stock, Syncora may take awhile to go down to $1.50 and lower, but it will. Eventually, someone(s) with tons of shares will sell. Only a matter of time and patience. IMO.
Syncora has made an art of sandbagging. Nice gig if you work for Syncora. Tow the line and you keep your job. Today on any volume Syncora gets hammered. IMO.
No positives. And disgusting how Esposito and his yes men continue to milk Syncora for all they can. Only in corporate America. IMO.
Yes, noticed expenses went down. Will not help the selloff. Why hold when you can buy Syncora much cheaper say six months or a year from now. Esposito and board have proved to me that the are far from the sharpest tools in the shed. However, they are smart enough to milk Syncora for all it’s worth. IMO.
Esposito and board just stringing dupes along. Keeping their jobs, their only goal and priority. Whatever bull s**t they say at conference call tomorrow take with a grain of salt. IMO.
Told you so. Company a sham. Goes lower and lower from here. Likely to go back way under buck. Esposito and board out for themselves, only. This company one of the worst illiquid pink sheet peeny stocks. IMO.
Can’t see future, however, generally pink sheet penny stocks behave in predictable ways. Pump and dump continually. Tomorrow may see a slight pump and the unavoidable dump. IMO.
My grudge is that Syncora will be an otc pink sheet penny stock indefinitely. Which will always hinder a lasting increase in the PPS. Maybe another pump and dump one day like happened in 2014. IMO.
Buffet actually said investors get paid for their patience. Yep, many investors sold some or all and made out. Don’t believe it’s going to be as easy going forward, but what do I know. IMO.
So when is Syncora PPS going to reach $3.00? Years, if ever is my guess. IMO.
Irish, Even is Syncora was worth $60.00, if investors unwilling to buy, value irrelevant, meaningless. IMO.
Syncora’s board clueless how easily otc stocks manipulated, continuously. Syncora took years to address the stop designation, and have it removed. Very few investors would consider holding on to an oct pink sheet penny stock for years and years. GLTA, IMO.
Incentive plan bogus. Syncora’s board clueless of the nature of otc pink sheet, penny stocks/companies. The pump and dump occurred in 2014. Syncora will not see another pump as long as the market maker, the NYID and the OTC market control Syncora. IMO.
Volume spike today a facade. Unlimited supply of shares to sell at $2.10. Most likely, most of the shares today were shorting, short covering, naked shorting. Anything goes with otc, pink sheet penny stocks. IMO.
Syncora hit $3.82 in March of 2014, and has never recovered. Syncora will languish around $2.00 for awhile and one day with some volume Syncora will go down to $1.70ish. Too easy, predictable. IMO.
Brand, Syncora an illiquid pink sheet penny company/stock that is at the whim/mercy of the market maker. And that MM has infinite patience. Puerto Rico, other market circumstances will drag the sector lower and lower. Time will tell. IMO.
Again, that 200,000 share “trade” BS. Market maker games. Today, back down under $2.00 on any real volume. And medium to long term we go lower. IMO.
I don’t trust pink sheet companies/stocks as a long term investment. Many investors I know will not buy, especially long term, shares in a otc pink sheet penny stock, no matter what. Question for the board? Why is short interest continuously (approximately 878,000) month after month after month. A friend of mine sold most of his shares, and he had a lot, this year. IMO.
200,000 shares at $2.10, market maker playing games. I got a bridge in Brooklyn I’ll sell you if you believe that someone bought 200,000 shares at $2.10. Doesn’t this look familiar. IMO.
Not buying, but will when Syncora PPS goes low enough. IMO.
That’s right no one cares, or has any interest, in Syncora after all these years on the pink sheets. Even if Syncora was to add a billion dollars to its balance sheet, Syncora would not sustain any increase in PPS. That is the nature of the vast majority of illiquid pink sheet companies/stocks. IMO.
Syncora going forward a dead stock and by extension a dead company. This ain’t your daddy’s stock market. IMO.