Flagstar Bancorp Inc (FBC)

[gfs_1999]

Dianne, I read page 48, FBC on May 27
will vote about Reverse split from

1 share = 5 shrs .......... 1 share = 15

If 1:5 is voted: if you have 10.000 shrs after r/s
you will have just 2.000 and the price that is now
around 0.45 after r/s will be 2.25


If R/S is a good or bad ? Remember that right now FBC is a earning losser and the risk is high.

But looking insider buying it, FBC could be good long term investiment.

I didn't like this R/S news but who know if it is
good or no are the big FBC holders.

MatlinPatterson Global Advisers LLC
1,060,035,212 69.2 %

Regards
GFS