President Phillips 08/25/2015 15,031 A $ 6.5
Director Montalto 08/25/2015 P 15,000 A $ 6.45
I don't read a whole lot into these.
Becker Drapkin buying a bunch would mean a lot more.
JDF= John J. Fiero. accused of naked short selling.
The firm was shuttered and its owner was barred from the market .
Interesting company that Sitra keeps.
Well known Toxic Lender.
Well, current prices are still far below $420 where I sold most of mine.
Much depends on the market.
If it goes another 5-10% lower, I think BH could go down 10-15% more.
mlm=Multi-Level Marketing....or scams for short.
Reliv International, Inc. or Reliv, is a dietary supplement and skin-care company that uses multilevel marketing for distribution.
Vemma did too before they were shuttered.
They netted less than $4.08 from the last offering. And prior offerings were for even less.
I think I saw you were invested in an MLM and would urge caution especially considering the FTC shutdown of Vemma.
I guess that's somewhat bullish.
But, Im still not buying back unless it falls below $350.
The problem here is FSP insiders were buyers at MUCH, MUCH higher prices years ago too.
Go back to 2006 and 2007.
They've announced 4-5 over the years but hardly ever actually bought any back.
Maybe this time they will ? Maybe a market maker called trying to place a large block ?
“The Company and its Board have decided to approve this stock buy-back program in order to be able to take advantage of unpredictable and volatile market conditions as occurred recently, and buy its own shares at what Management believes could be significantly undervalued prices.”
13 straight years of massive losses with almost no revenue let alone profit.
Stock is down 98-99% over 13 years.
But you're right, Im wrong.