Wow, nice pop on FPB! Up to $6.90!! And on what appears to be the highest volume in almost 2 years. Positive news this morning, but wondering if there is something else contributing to the volume spike?
Took some profits off the table. Should have a strong Q2 report next month, but think it's starting to get priced in with stock jumping nearly 40% in recent weeks. FPB is capable of posting Q2 earnings of .20/share, but anything less than .15/share may be seen as disappointing. Who knows with these low floaters.
This sure was a great buy around $5 when the 10Q revealed that if not for a 1-time writeoff, Q1 earnings would have been .19/share.
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