FAB Universal plunges on under-the-radar dilution, bearish SA article


Shares of FAB Universal (FU) -10.6% plunge after being up as much as 18.3% earlier in the day and 48.5% on the week after John Welsh points out that ~20M shares due to FAB's DEI merger unlock tomorrow and are unaccounted for in dilution figures.

Meanwhile, SA contributor Investor RockieK observes that FAB has been aggressively spearheading a stock promotion campaign while insiders liquidate positions.

The two events paint an interesting picture as momentum in the stock reverses.

Comments (4)
  • SoldHigh
    , contributor
    Comments (991) | Send Message
     
    Ticker is FU, not FAB
    26 Sep 2013, 04:18 PM Reply Like
  • SA Editor 2
    , contributor
    Comments (11) | Send Message
     
    Thank you.
    26 Sep 2013, 04:25 PM Reply Like
  • Money Trees
    , contributor
    Comments (94) | Send Message
     
    This company is such a joke, I can't get over it.
    26 Sep 2013, 04:31 PM Reply Like
  • perry168
    , contributor
    Comments (2) | Send Message
     
    Warrant Buffers say not body will tell you trues story when to buy or sell !!!!!!!
    27 Sep 2013, 08:32 AM Reply Like
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