Roughly $14 million dollars has been spent by buyers to accumulated Syncora stock since the anouncement of th JPM settlement and the subsequent filing of the Y/E financial statements. That should be telling all of use that at least 1 if not a couple of institutions have been accumulating shares. I for one dont know to many day traders or individual investors that can throw around that kind of money over 8 trading days. They have not been accumulating because they are hopping that one day down the road the company may be allowed to write new business....they already know they will be ..and that it will happen sooner vs later.
Policyholder
Y/E Surplus
2010 $132,553,217
2011 $186,071,015
2012 $510,658,687
2013 $973,332,107
