What is with Feronia?
by apl16 | June 25, 2014 10:02 pm
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?
Source URL: https://www.stockgumshoe.com/2014/06/microblog-what-is-with-feronia/
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.
Thx, Travis………it will all come out in the wash.
Btw, I still see some potential for these guys. Just a little play money anyway 🙂