Furniture Brands International Inc.(fka FBNIQ)

[Lawrence 147]

They just R/Sd 7 to 1 . My plan was to sell into the R/S and pick up a little over night on the cover , it was something like 47% short. My broker would not let me sell for a week telling me I had non of this security. By then I was down 40% and just looking for a bounce that never came and then out of the bleu the lawsuit and another 40% over night. After having been in the Washington Mutual Bankruptcy I have no interest in being in on this one.
I got out of WM just in time though right after I jumped ship there was a 30 to 1 R/S Today they are around a buck and the faithful are still buying.