Syncora Holdings Ltd (fka SYCRF)

[brandemarcus]

No snowball must be right. Clearly in the last few days we have the movement of the big money out of the stock. Time to watch closely the half session and December 31st as the hard working money
managers still trading give their informed opinion of the uncertain future here.
Seriously, it was disappointing to see radian guarantee go for only 800 million although one must add about 1/3 of radian's parent debt and for syncora the surplus notes to compare value. Radian was a safer less complicated swallow for ago, but I still think they may not be finished. The transaction is more complicated because of the nol's.