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