Total scam. Check yahoo finance , their last update was in December 2008 , the book value now is -$17.37.
Anyway, any one who is long MBI is much smarter than fallen a victim of this scam . ( check the last financial statement on Yahoo finance ).
I am long MBIA and Syncora. Rather embarrassing the way some SEEM to be pumping Syncora on this board. Not something I would do but I believe Hosedragger is actually just a nice guy that thinks he is doing people a service telling them about it. As far as nader29's post, they were delisted in 2008 and so they stopped reporting to the SEC. They continued to issue press releases and have listed their financials on the company website.ever since.
I am buying every week! This company will double to quadruple in the next 6 months....I have owned both MBI and SYCRF for the last 5 years......and I am using the profits now I have made from MBI to buy more shares of SYCRF! It is a better play now...........GLTA..........Hose