FIG 0.00% 2.0¢ freedom insurance group ltd

Not the case study that you would welcome, page-80

  1. 2,671 Posts.
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    I followed FIG from the start and rode the momentum wave from 45 cents. When these guys upgraded guidance no less than 3 times in a very short time after listing it was a mini red flag for me as it appeared to be contrived. Sold out in June/July 2017 when the chart starting flat lining and regardless wanted to be out of the stock before the escrow event. Cohen took the opportunity to offload a large amount of stock then downgrade shortly after. Very concerning management are not supporting the stock now at these levels.
    Last edited by Ivanovich: 03/09/18
 
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Currently unlisted public company.

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