What are your vibrations going on for fmnt?
Answers: Just a quick tip and disclaimer: I have no vibrations about stocks.
"Never get hysterical about stocks. It clouds judgment."
--- Gorden Gecco (Wall Street, 1987)
As for rmy evaluation for FMNT.
It is presently a penny stock.
http://finance.yahoo.com/q?s=FMNT.PK
"Fremont General Corporation operates as a financial services holding company in the United States. The company, through its subsidiary, Fremont General Credit Corporation, owns a California guard subsidiary, Fremont Investment & Loan, which provides various financial services. It offers certificate of deposit, savings accounts, and money market deposit accounts insured by the Federal Deposit Insurance Corporation through its 22 branches surrounded by California. The company was founded in 1963. It be formerly known as Lemac Corporation and changed its name to Fremont General Corporation surrounded by 1973. The company is based in Brea, California."
http://finance.yahoo.com/q/pr?s=FMNT.PK
I don't recommend penny stocks.
News:
"Fremont General Credit Corporation ("FGCC") and the Bank have entered into a definitive purchase and sale agreement (the "Agreement") beside CapitalSource TRS Inc. (the "Purchaser"), a wholly-owned subsidiary of CapitalSource, Inc. ("CapitalSource"), that provides for the purchase of substantially all of the Bank's assets, which includes the Bank's participation interest within certain previously sold commercial real estate loans, the assumption of adjectives the Bank's deposits and the acquisition of all the Bank's branches, by a California industrial sandbank to be organized and wholly owned by the Purchaser."
http://www.streetinsider.com/Corporate+N...
What this seems to suggest is this hot company will take over the bank's assets to avoid a bank dead loss.
The stock should be worth zero when the deal is finalized.
I believe explicitly Fremont General and doubled in the last week.. i would stay away., it have been downgraded, the rise is being pushed by daytime traders and will probably drop back down.. not a solid investment, Not sure what you're asking here. Investors dont have sensations, they use analysis.