So who wants to buy out FFN?

RawAlex · 03-31-2013

Actually, if my information is correct, they got a de-listing notice a while ago, and are on the clock. The last time this happened, one or more of the institutional players seem to have stepped up to buy the stock up in price to get it back over a dollar for a while, long enough for the notice to go away. But slowly but surely it slid back down into the mud.

Lars still owns a fair bit of stock (Mapstead familty trust, example). Sseing that go from $10 a share to 50 cents a share means he lost 95% of the value. That rich payday slipped out of his fingers. If the company gets delisted, it's pretty much a 100% loss at that point. If that happens, I expect to see the core assets sold to some other company and the indebted shell of FFN folded.

03-31-2013	#3
RawAlex Members $100 for every ImLive sign-up Join Date: Oct 2002 Posts: 4,036	Re: So who wants to buy out FFN? Actually, if my information is correct, they got a de-listing notice a while ago, and are on the clock. The last time this happened, one or more of the institutional players seem to have stepped up to buy the stock up in price to get it back over a dollar for a while, long enough for the notice to go away. But slowly but surely it slid back down into the mud. Lars still owns a fair bit of stock (Mapstead familty trust, example). Sseing that go from $10 a share to 50 cents a share means he lost 95% of the value. That rich payday slipped out of his fingers. If the company gets delisted, it's pretty much a 100% loss at that point. If that happens, I expect to see the core assets sold to some other company and the indebted shell of FFN folded. __________________ Let's go to the edge of disaster Push the pedal and go a little faster Let's slam into a wall at ramming speed Let's go to the edge of a mountain Jump off and lets start countin' Hit the ground and tell me if it bleeds