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larrybaz

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larrybaz

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Thursday, 04/29/2021 1:56:12 PM

Thursday, April 29, 2021 1:56:12 PM

Post# of 117083
FAMI $0.35 - $0.44 Creating shareholder value?!?!

Share price closed yesterday at $0.79. Company had 28 million shares outstanding. After yesterday's close they announced an offering of 140 million shares at $0.30. That's what I call creating shareholder value!

I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.

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