Syncora Holdings Ltd. (fka SYCRF)

[snowball12]

Too much money being spent on G&A (lawyers fees etc.) that they continue to bleed month after month. How many lawsuits and lawyer fees are they paying out month after month. Too much uncertainty and management to me has no coherent plan or doesn't want one. Board and all 65 employees continue to collect paychecks for what? They haven't written any ploicies in years and can't write any knew policies. I have been watching this company since the financial meltdown hoping they would show that the big banks and the connected can lose. But as they say, it is not over to the fat lady sings, and it is questionable if syncora survives long term. It might not even be ment to be. JMHO. GLTA.