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Re: Enterprising Investor post# 6

Tuesday, 08/02/2011 12:24:47 PM

Tuesday, August 02, 2011 12:24:47 PM

Post# of 90
Interesting! Selling stox @0.16. But low volume day trades above 0.40..
When is the cut off day to be eligible?
"FNB Corp. (NC) announces full subscription of $310 mln common stock private placement (FNBN) 0.49 : Issuance of the common stock at $0.16/share will complete the recapitalization of FNB United, which is a key contingency in its plan to acquire Bank of Granite Corporation (GRAN), parent company of Bank of Granite. "

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