You all know that this was a $38 stock back before the meltdown.
I noticed in the PR it said that company may still face difficulty with liquidity in 2017. Should we all be worried ? I am long and happy for today but that statement has been bothering me all day.
I wouldn't read too much into it at this stage of the game. 2017 is a long way off and management has kept Syncora alive when the easier path would have been Chapter 11. The removal of the "going concern" qualification is big.