What is with Feronia?

By apl16, June 25, 2014

I checked my portfolio this morning and Feronia seemed to have disappeared. I have a very small amount but am a bit curious. Any news?

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

2
Share your thoughts...

avatar
1 Comment threads
1 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
2 Comment authors
john perrinTravis Johnson, Stock Gumshoe Recent comment authors

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Travis Johnson, Stock Gumshoe
Admin
👍12095

Ahh, good old Feronia — I keep this in my portfolio as a cautionary tale, a reminder not to put too much faith in a company’s potentially developable assets if the actual operations stink. They had a 10:1 share consolidation this week, so that may have evaporated some holdings to the point that they were sold off for a few dollars in lieu of fractional shares.

Add a Topic
2377