Steel Excel Inc., 10% Owner at Forbes Energy Services Ltd. (FES), sold 1,100 shares at $0.32 ($352) on 2016-03-09, disclosed to the SEC on 2016-03-11.
Open-market sale of $352 FES by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
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