RE: RE: here's the payout info Your reasoning is just ridiculous...Sprott (one of the most respected resource investment agencies in North America) took a massive loss on FIU, are you saying that people should only trust investors who have no massive losses? The largest investing agency in the world (do I have to name them?) recently released public statements detailing billions in losses, you are clearly new to the game if your making such novice statements. I advised people to sell a few days ago based on what I consider to be some of the best DD out there on FIU - the simple fact is that I was correct. I sold and bought BNK, made 14+% on it, and I am a third of the way to breaking even on the loss I took with FIU.
You however are sitting here mis-leading other investors who may still be holding FIU, which is the only reason I am still on this board. I did my research going into this asset sale because I knew months ago that there was a real chance it could go through. Every piece of data points to the same thing - anything above 0.25/share is lucky, don't believe me? Look at the trading history after the asset sales were approved. Hold it if you want guys, but I have 0 reason to mislead you, unlike these idio*ts who just bought in thinking it was easy money from 0.23 to 0.33. Get ready to feel the burn guys, because in the NR the FIU just recently released, they used the exact cautionary language they have always used concerning the pro forma proceeds - if you didn't catch it read em again, the pro forma proceeds are still subject to change, essentially up until you receive them!