Risk still exists. Institutional Financial Markets (IFMI -33.6%) gets smacked after reporting a...

|About: Institutional Financial ... (IFMI)|By:, SA News Editor

Risk still exists. Institutional Financial Markets (IFMI -33.6%) gets smacked after reporting a Q1 loss of $0.34/share, undertaking a dilutive capital raise, and adopting a poison pill in which it threatens significant dilution to any group acquiring more than 4.95% of the company's stock without board approval.