Focus Media (FMCN) Shares Edge Higher as Carson Block Discusses Short Call on CNBC
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Shares of Focus Media (Nasdaq: FMCN) are moving higher as Carson Block speaks on CNBC's Street Signs.
Block is saying he doesn't believe the company is offering a full picture of the operations. The phrase "tip of the iceberg" was used by Block.
The stock is still down about 3.4 percent to $16.42, however is well off session lows.
Block is saying he doesn't believe the company is offering a full picture of the operations. The phrase "tip of the iceberg" was used by Block.
The stock is still down about 3.4 percent to $16.42, however is well off session lows.
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