- The Company overstated the number of Intelligent Media Kiosks deployed in China.
- The Company’s Kiosks were inundated with pirated digital media entertainment.
- A Company subsidiary issued RMB 100 million ($16.4 million) in bonds to Chinese investors.
The FAB Universal CEO who sold shares of the 'Chinese Netflix' near a multi-year high buys shares of an obscure healthcare company he also oversees.
Stocks with insider trader activity include DIN, JBHT, FU, AAPL and CMC
Investor Jim Rogers shared his bull case for FAB Universal (FU) on Monday, sending the company's share price skyrocketing.