Thanks for this post. I have often wondered why this stock sometimes has sloppy selling with persistent hitting on the bid with trivial volumes. I have always calculated the payoff for a shorter must be less than the cost of a meal at an average restaurant, given the limited float/volume. But I suppose there are plenty of short traders who milk $60 here and $70 there on the back of their 'trading' float of $10 or $20k. Seems like a lot of work and risk for trivial return, considering you have the management and staff of the business working against you, and single good announcement could generate losses far in excess of the little gains.
I think you also might want to consider the impact of tighter economic times on both the demand and supply for freelancers when considering how this stock will perform.
FLN Price at posting:
65.5¢ Sentiment: Buy Disclosure: Held
