I sense a lot of backroom dealings behind the dark curtain here! Market reaction looking unusually too severe for a company that only announced less earning than previously expected - not quite the last nail in the coffin- combined with the timing of the "Business Update" and now the insiders picking up large volumes of share at $0.45 not $0.88? It looks like some souls - NOT THE MARKET LOGIC- had planned for the 33% drop in a day in sp! Logically, not cynically, we should wait for a piece of juicy GOOD good news any day to hit the billboards and radio waves. It's a test of my sanity! If this scenario doesn't unfold, I am certainly going to see a shrink!
FIG Price at posting:
52.0¢ Sentiment: Buy Disclosure: Held