Opinion on FMD?

[Goods]

Goldman Sachs is investing a nice chunk of money in FMD. Also, the co-founder returned to run the company. GS also owns a good portion @ $14.

After a huge short cover run Monday, it gave up a lot of that gain today. Profit taking no doubt.
I'm not very familiar with the company and not sure what to make of the move in the sense if it's showing signs of reversal.

Volume's been 10x average the past two days.
Earnings are Thursday. I swear I just read where they pre-announced them yesterday but now I can't find it.

Like to hear thoughts on this one.

[domafia]

wouldn't touch fmd with a ten foot pole. The money GS invested is chump change for them, and FMD has a long way to get back to $14 level. I'd wait for news and try and ride the uptrend on this one if it stabilizes and turns around, but I think FMD has too many shorts hounding it for it to move anytime soon.