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View Poll Results: What price will FBU close at on 12/2/2018 ?

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  • $8 +

    0 0%

  • $7.50 - $8

    1 2.17%

  • $7.00 - $7.50

    6 13.04%

  • $6.50 - $7.00

    6 13.04%

  • $6.00 - $6.50

    13 28.26%

  • $5.50 - $6.00

    9 19.57%

  • $5.00 - $5.50

    7 15.22%

  • Under $5.00

    4 8.70%
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  1. 09-02-2018, 04:19 PM #1
    Beagle
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    Default What price range will FBU close at the end of trading on 12th February ?

    As the thread title suggested. The trading halt will come off Monday morning. What price do you think they'll trade at, at the close of trading for the day bearing in mind this is their third downgrade and they have been on trading halt while the market has been falling.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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  2. 09-02-2018, 04:33 PM #2
    minimoke
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    theres me in at $6.10
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  3. 14-02-2018, 10:03 AM #3
    minimoke
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    Quote Originally Posted by minimoke View Post
    theres me in at $6.10
    My opening position not looking good. Who would pay $6.74. Never mind, lets see how the rest of the day plays out. I'm not conceding yet.
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  4. 14-02-2018, 10:13 AM #4
    Beagle
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    Quote Originally Posted by minimoke View Post
    My opening position not looking good. Who would pay $6.74. Never mind, lets see how the rest of the day plays out. I'm not conceding yet.
    With deep systemic issues in that company you'd want your head examined in my opinion.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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  5. 09-02-2018, 05:12 PM #5
    Beagle
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    I'm in at the low $6's too but wouldn't pay anything anywhere near that myself. This poll is just my morbid fascination with train wrecks and grossly incompetent train drivers.
    Last edited by Beagle; 09-02-2018 at 05:13 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
    Reply With Quote Reply With Quote
  6. 09-02-2018, 05:53 PM #6
    Beagle
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    http://www.sharechat.co.nz/article/8...i-discounthtml

    For what its worth...
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
    Reply With Quote Reply With Quote
  7. 09-02-2018, 09:29 PM #7
    value_investor
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    I thought after the last downgrade, it should have been trading at close to $6, so depending on the announcement Monday it should be less than that even.

    Can't tell until the result comes out but the current valuation is laughable.
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  8. 09-02-2018, 10:14 PM #8
    Valuegrowth
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    In the short run, it should have support around $7.If there is a panic situation, it can go to as low as $5.
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  9. 10-02-2018, 10:01 AM #9
    carrom74
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    Quote Originally Posted by Beagle View Post
    As the thread title suggested. The trading halt will come off Monday morning. What price do you think they'll trade at, at the close of trading for the day bearing in mind this is their third downgrade and they have been on trading halt while the market has been falling.
    It baffles me that not long ago(about 2 months) the new CEO bought FBU shares around $7... what we he thinking at that time?
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  10. 11-02-2018, 12:07 PM #10
    Anna Naum
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    Quote Originally Posted by carrom74 View Post
    It baffles me that not long ago(about 2 months) the new CEO bought FBU shares around $7... what we he thinking at that time?
    I think it was part of his employment contract
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