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FBC does look cheap. Why is it so reasonably priced relative to the industry average?

Well, it has traditionally been priced close to 1.5 x book, which is where it is at now.

I notice that it appears that OCF & FCF is strongly negative. It seems that it has quick and current ratios of less than one; and that it is leveraged above the industry average.

So at first glance it appears FBC needs ongoing financing. Since insiders are selling, I am not overly enthusiastic.

All of the above information is from the Fool snapshot:
and the msn website:

I have noticed problems in their data before; I stress this is the most cursory of examinations; and my detailed analysis are often wrong; so take this with a grain of salt. Best of luck on your investment.

-- KC
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