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.
