It appears they still have a business with 350,000 policies in place. That is a lot of policies. Yes overall revenue will be down but so to will expenses. It may not be worth what it was some time back but it is still a viable business I think. 90 cents to 13 I think it is a big overreaction. I and a lot of others hope I am right. I think that those who say it is worthless are down rampers and don't really know.
FIG Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held