My guess is whoever it is that wants out will try and be out by the end of the quarter. Maybe a big dump at the end it they still have shares and want out badly enough. JMO I have been wrong before.
Yes things are looking better. Even so, I would still give investor relations a grade of C-. We deserve more transparency.
but if Legg Mason really wants out then today is the day. Volume is very high indeed.
The question is will this create a buying opportunity or is the bad news baked into the current price? I'm interested in adding shares at a discount from the current price.
Many many thanks for your efforts and the update. I still have high hopes that Syncora will be a big winner given time.
I bought a few more shares at the discount window yesterday and I plan on buying more if the share price drops again. I can't imagine a better time for Syncora to come out with positive news. Hope springs eternal.
for bankruptcy. Everything I have read so far points to Puerto Rico defaulting. The more they try to reassure that there is a solution, the more I think it is BS from the Puerto Rican government.
And I had such high hopes for a settlement this year. lol
The balance sheet continues to improve with each passing quarter, but we still need a break through announcement of some sort as a catalyst for new buying. A hansom settlement from Greenpoint or a go ahead to write new business would do it. I remain long and confident, but impatient.