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Just wiping out Puerto Rico's debt does not bode well for the bond insurers. To say the least it sets a dangerous precedent. And of course it will have ripple effects and consequences for years. Smart money started shorting awhile back. The stock market is a huge sham. IMO.
Any increase in PPS is MM trying to sucker newbies in. Syncora headed lower over time. IM0.
Bond insurers a safe short bet. IMO.
Bond insurers a safe short bet. IMO.
Bond insurers are a safe short bet. IMO.
When/if volume picks up Syncora drops at least 25 percent. IMO.
Still short the bond insurers. Even AGO. Due your own DD. IMO.
When Gator capital, or any individual with a large holding has had enough and decides to sell, Syncora goes down fast and hard. Much quicker than when Legg Mason dumped Syncora. If institutions generally don't own a boat load of a common stock, steer clear. IMO.
Syncora will see sub $2.00, before it sees $2.50 on any real volume. IMO.
Lack of volume indicates newbies buying. Lots of good days ahead if your short the bond insurers. And it's about time. IMO.
Volumes a joke. Why buy Syncora when the potential is there that you may not be able to sell it at the bid or ask on any given day. Pinkies are not only highly speculative but extremely risky. IMO.
Can't see how you DD guys don't see getting Syncora off the pink sheets as the top goal, priority after all these years? As long as Syncora is on the pink sheets it is way to easy to manipulate. IMO.
It's no secret that I have shorted the bond insurers. Now just waiting to cash in. Even Syncora's short interest increased to 880,000 shares. The industry and the market long over due for a significant correction. IMO.
MM will "arrange" another block trade of 100,000 or more below $2.00, and sell to newbies for a 5, 10 cent profit. Wash, rinse, repeat. IMO.
Syncora closed below 50 day moving average, we continue lower today. Yes, I will be a buyer, eventually. IMO.
Syncora slowly going lower and lower. Will be under $2.00 before next quarters earnings. After that under $1.50. Way too many problems with the markets and the bond insurers. IMO.
How does someone "arrange" to sell/buy 105,000 shares at a $2.05. Trade volume today will be very low, $2.15, close. 105,000 shares can now slowly be sold for a few pennies profit. Will take time. IMO
I believe Esposito and the board have been intentionally dragging their feet since the JPM settlement. Every quarter, CC they basically say the same thing. Working on or expect this or that. Gets old after awhile. IMO.
Average price today under $2.12. Significant in that we are far from bottoming out. IMO.
Newbies bought yesterday. The selloff begins today. Off by one day. As long as Syncora an illiquid pink sheet company/stock it's easy to push lower. Wash, rinse, repeat. Over and over endlessly. IMO.
IF any volume today, Syncora goes lower. IMO.
Conference call a joke. More BS that they are trying to do this and that. If they ever do, do something it will be meaningless as far as the PPS goes. IMO.
Rich, my concern is after too many years, Esposito just milking Syncora from here on in. Doubtful, that Esposito gives two s***ts in enhancing common shareholder value. He's 77 years old and wants to keep the gravy train going indefinitely. That has been and will continue to be his main goal and priority since Syncora went on the pinks and going forward. IMO.
Syncora a pink sheet sham and scam, with a wink, wink from the regulators. Steer clear. IMO
After lackluster earnings, will drift lower and lower. CC will be a non event. Blah, blah, blah, BS. IMO.
Prediction on CC. Our jobs are secure. We are working on this and that. IMO.
Puerto Rico quite the slugfest, for years. Lawyers going to make out like bandits. IMO.
Esposito rubber stamped his yes men. IMO.
The insidious nature intrinsic to capitalism. More true to the extreme than ever. IMO.
This continuous lack of volume with Syncora, and way too many other companies/stocks, speaks volumes to the insidious nature of Wall Street and the stock market. When the selloff happens, crooks will just sit on the cash, indefinitely. IMO.
Esposito is 77 years old. You have to wonder if he is ever going to retire? IMO.
Approval a forgone conclusion. Esposito will rubber stamp, regardless of vote. Voting another sham. IMO.
If it looks like a skunk, smells like a skunk, it's probably a skunk. That Esposito and board continuously drag their feet, while sitting on their collective derrieres says a lot. IMO.
AMBAC up big today on news. IMO.
Unfortunately, Esposito has consolidated his power and no way to vote him out. He's the problem. In insidious ways Syncora is far from a "public" company. IMO.
Absolutely agree, with Syncora and many stocks, lots of low hanging fruit for those with patience, discipline. Don't have any confidence in Esposito and his yes men. There are those who watch things happen, make things happen, or say what happened. Esposito happy with the status quo, indefinitely. IMO.
Market disconnected from reality. Syncora under $2.00 soon, unfortunately. Many stocks/companies besides pink sheet companies very difficult to own and hold, because of low volume, etc. IMO.
Just like charts mean crap, guessing the markets and the industry will be going lower. IMO.
Patience, volume hopefully, potentially, will kick in when we hit the $1.50 to $1.75 range. Unfortunately, Syncora PPS going down not up for at least the remainder of this year. IMO.
Very doubtful that Esposito and board will relinquish the gravy train. Why would they? The are whistling all the way to the bank. They have it made. Very little SEC oversight, and all they have to do is kiss the bureaucrats at the NYDFS arses. IMO.