Replies to post #11533 on Syncora Holdings Ltd. (fka SYCRF)

[Lowhndcpr]

https://www.otcmarkets.com/stock/SYCRF/disclosure

They were Pink Current. Not sure why they were sent to the Expert Market?

Either way…..most brokers won’t allow buy orders…..only sell orders. Hard to find a MM to match up the trade.

Canada may still be able to buy along with Interactive Brokerage.

This who have shares will be sitting and waiting for the company to fully dissolve while anyone wanting shares is now locked out. May explain that 1 million share transaction a few weeks ago by someone in the know of what was coming.

[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.