InvestorsHub Logo
Followers 2
Posts 518
Boards Moderated 0
Alias Born 05/02/2008

Re: moe_the_gyp01 post# 92735

Tuesday, 12/15/2009 1:50:34 PM

Tuesday, December 15, 2009 1:50:34 PM

Post# of 221872
Moe, last year, FFGO announced there would be a deal with Hurasu, it didn't work because their shell was delisted. Now if it would be another shell, there would be the same risk. If Lumb doesn't want to repeat the mistakes done in the past of FFGO, he will not use a shell and he will not even give us a dividend in his new fund. He will give us a cash dividend and get rid of FFGO at the same time, as Gertrudegold said.

Nobody knows yet the terms of the deal. With a cash dividend, this may be one instance where a stock will rise on news.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.