Been watching FBR for some time. Was waiting for it to fall back...

  1. 720 Posts.
    lightbulb Created with Sketch. 27
    Been watching FBR for some time. Was waiting for it to fall back to 2c when it was at 2.5c a couple of weeks ago and churning with a decent amount of volume.

    Your FA is good, but their cash position is very poor. They released their quarterly last week - they have 4M in cash remaining. I'd say a placement or a CR is fairly likely.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.