GREY:FNKLF - Post by User
Comment by
Triggermanon Aug 15, 2008 6:11pm
269 Views
Post# 15388860
RE: Earnings going forward
RE: Earnings going forward
Funny.... no sir , I am not back in at these prices. I own zero FNI stock today.
Why? Because I have never been able to get a strait answer from anyone
in regards to the financing issues .... how , when , who , etc.
There is no question in my mind that FNI is in desperate need of a large
cash infusion or operations will close , again , at this site.
But , when I don't understand where and how the financing will be dealt with , I rarely
invest or even trade in a stock.
The lack of clear answers leads me to believe that the financing solutions will not
be shareholder friendly , and I believe the stock will split , rendering all existing shareholders
helpless to ever get even 20% of their investment back.
It's a high risk play , plain and simple .... and when everyone is hoping and praying for
a buyout so they can dump their holdings for a slightly less huge loss than they hold
today , all I see are red flags.