My guess - one of the substantial holder borrowed too much from bank for the CR. The wolves had seen this opportunity and circled to attack, selling SP down until that substantil holder gave up due to bank pressure. This would push SP down further. My concern is that whether FKP borrowed money from bank based on SP price. I hope that FKP chairman/CEO will make an announcement soon. At moment, I hold my shares to see what is happening. I shall certainly buy more if Mr. Lee states that the company is healthy. This may be the opportunity of the year to make money.
FKP Price at posting:
$1.02 Sentiment: Hold Disclosure: Held