FFN STOCK (AFF) Crashes to 1.47 a share + A Securities Class Action Lawsuit filed.

RawAlex · 01-14-2012

http://biz.yahoo.com/e/120112/ffn8-k.html

First step for delisting, notice of non-compliance on both the overall market cap of publicly held stock ($15 million) and the minimum $1 share price (they have been hovering under $1 for a while now).

It is likely that the stock will climb out of the trouble area for at least a short while, mostly because there was so many people shorting the stock. They are covering and driving things up temporarily.

My guess at this point would be someone coming in and taking it private again, for probably no more than $1 a share, and then doing an asset sale of the key components, leaving the debt to be unpaid as the company goes away. Sorry Lars!

01-14-2012	#1
RawAlex Members $100 for every ImLive sign-up Join Date: Oct 2002 Posts: 4,036	Re: FFN STOCK (AFF) Crashes to 1.47 a share + A Securities Class Action Lawsuit filed http://biz.yahoo.com/e/120112/ffn8-k.html First step for delisting, notice of non-compliance on both the overall market cap of publicly held stock ($15 million) and the minimum $1 share price (they have been hovering under $1 for a while now). It is likely that the stock will climb out of the trouble area for at least a short while, mostly because there was so many people shorting the stock. They are covering and driving things up temporarily. My guess at this point would be someone coming in and taking it private again, for probably no more than $1 a share, and then doing an asset sale of the key components, leaving the debt to be unpaid as the company goes away. Sorry Lars! __________________ Let's go to the edge of disaster Push the pedal and go a little faster Let's slam into a wall at ramming speed Let's go to the edge of a mountain Jump off and lets start countin' Hit the ground and tell me if it bleeds

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