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Re: Ecomike post# 166

Wednesday, 09/15/2010 5:26:11 PM

Wednesday, September 15, 2010 5:26:11 PM

Post# of 1344
I think from this day forward until the next foreseeable future (read many many years from now), you have no other option except to "hold" FBC if you want to get your money back "intact"...that is if FBC comes back to life and profitability at all!!
The fact that they are planning (as per reports today) to sell shares again worth $600 Million ---I think it simply means admitting the fact that the performance of the stock/company is poor and can not bring the stock back to the level prior or even at the reverse split level.

FBC is rated underperform by many analysts.

Normally long term investors prefers value stock.

My 3 cents.