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F.N.B. Corporation Message Board

  • woondedeagle woondedeagle Sep 7, 2009 3:22 AM Flag

    Which Direction For FnF From Here?

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    Which Direction For FnF From Here? 0 second(s) ago


    Some on CNBC say FnF are currently worthless - not worth a handful of spit. But what if our clever new CEO and CFO are courting sovereign wealth funds? Or US gubmint decides GBBK and donates a portion of their 80% to the cause. Or some other fix is in the works? On the other hand the NYSE listing requirement has been met so the fix could be off for awhile in terms of artificially holding the share price up..,And they have run up more than 200%. And earnings are six weeks away so good news is down the road. But technically, they should take a run at our recent highs if volume and trend hold up - Or the buying might dry up like Vegas in July. How is it we common shareholders have absolutely no say in what happens? If we do in fact have voting rights maybe we need to collectively defend our interests. It is being represented by some on national television and in the press that the very real possibility exists that common shareholders are holding totally worthless stock and we are about to be taken to the cleaners. I hope our CEO sues these jerks on our behalf and distributes the money in the form of dividends to us. Bastards. So if it did happen do we just stand there and watch? f ANYONE simply declares the company banko, or breaks FnF into twenty small and regional entities? What if FnF have significantly better earnings in November? And again in February? Do we not have voting rights? Anyone know? Maybe we should be represented when they huddle up in February? I'm not going to like it if my six figures disappears overnight one of these days...

    Sentiment : Strong Buy

13.390.00(0.00%)4:00 PMEDT