Syncora Holdings Ltd. (fka SYCRF)

[oldhamtrader]

OTC just began a new rule(I believe on 9/29) that any stocks with a stop sign do not have a market made on them...no bid/ask. Syncora has a stop sign. I knew the rule was coming and called Scott B in IR to ask if the stop sign would be removed by the deadline. He said financials are current but OTC Markets could not understand Syncora is liquidating He had been in communication with them to try to get it resolved before the deadline but apparently that didn't happen.
Anyone putting in a market order is just asking to have their money stolen.
At this point it is best to just wait for the final closeout. The good news is Scott said they had made significant progress in the past couple months in the liquidation prcess.