FIG was a solid value option at $0.40c - particularly with spectrum's referral program with mortgage and financial advisers.
Think about where FIG will likely be in one or two years? Marketing budgets can easily be shut down. Their top sales guys can go from flogging products directly to establishing referral partnerships all across the country.
All of the above aside. Their book as an asset already surpasses what the SP represents.
FIG Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held