FBR 9.43% 5.8¢ fbr ltd

Ann: FBR successfully completes institutional placement, page-18

  1. 5,900 Posts.
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    I'm not sure why people are "surprised" by the SP re-tracing. The big instos, are and already gotten this at 2.7C. Anything above 2.7C, is logically still a "win" for us holders. The fact that VOL is already at 8mil shows this is getting traded. Average is like 3-4mil for the last week before the TH. This still shows that people still view this as a good news. I'm guessing we have at the earliest 2nd half, when and if the SAT is happening in the US. But most likely it'll be next year. Don't forget, they need to FAT, factory/indoor testing, then outdoor builds with 3 operator/tablet mode, before it goes to the US in a ship/plane. I do hope they "bless" the HX on its journey to the US. I might even take a page out of TRUMP and ask for a prayer ceremony before the HX embarks on its journey to the US.
 
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