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Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan... see more

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Banca I.F.I.S Spa > any reason this isn't trading closer to 20 cents right now?

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Post by deepstate on Jun 26, 2017 3:20pm

any reason this isn't trading closer to 20 cents right now?

I understand 19 or 19.5 but 16.5?

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Comment by JamJam123 on Jun 26, 2017 3:21pm

cause ppl are running after mmj and mym and all other shitty pot stocks

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Comment by NervousWrench on Jun 26, 2017 5:49pm

Well, I thought it would ramp up to .19 quick. It didn't. There was still cash on the table. Vinny was banging at the door looking for his loan money. I got nervous, I bailed at .165 and .16. Everybody got paid off and steak for dinner.

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Comment by Incredible on Jun 26, 2017 3:28pm

Probably because the price could change if FCC trades lower or higher... Not sure why FCC is still halted...anyone?

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Comment by TedRiot on Jun 26, 2017 4:37pm

really no idea; I fail to see how the ASC can get away with that, since CSK is now effectively a derivative of FCC, shouldn't both HALTs have been lifted at same time??? I'd be pretty upset if FCC opens really strong, and I was among the sellers of CSK today. very odd

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