B Riley (Rily) common shares are taking a thrashing like we seldom see – now trading at $17.5 down over $7/share.
Shares are all tanking badly on potential fraud mostly relative to the Franchise Group take private and the CEO of Franchise Group Brian Kahn. I posted links last week–here is a recent posting on Yahoo Finance.
My question is whether it is a super bargain now or will we see the fraud charges come to fruition? I certainly will not be involved, but maybe some brave souls will be.