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Are you bull or bear? Trying to understand your post. LOL
Lets see how we closed on Friday. Shall we?
Added some today. Holding long term here.
Your opinion is not relevant, neither is mine. I just checked my Crystal Ball and was able to see Friday morning. The stock was above 5$ and kept going up, thats when I lost the connection so I couldn't see the rest of the day. I'll try again later and try to see the EOD on FRIDAY. LOL
SHOW TIME$$$$$$$$$
Good luck with that. LOL
I don't think the 2$$ will last too long. I foresee at least 5$ very soon.
Thats not correct. LUC is entitle to a portion of future profits until the loan is pay off. They can force a sale after 2 years if the loan has not been paid and get a PORTION (not all as you said) of the procedures of the sell on that event. FXCM is very undervalued here no matter how you look at it. IMO.
Yes. Which is good News!!! Thanks
Didn't you see the LUC latest PR? They will have paid over 75 mills by April 15. (Minimum)
Added a few today. Building up my core for the long haul. Woohoo. I think we will see much higher pps before EOY. Great Growth Ticket here. TWEED
Another BULLISH article today...
FXCM Inc (NYSE:FXCM) Business Metrics Earnings
Boston, MA – (NYSEPOST) – 03/10/2015 – FXCM Inc (NYSE:FXCM) the online foreign exchange platform appears to have put recent troubles behind it, as the company prepares to post it fourth quarter earnings result on March 12, 2015. It will also report its full year financial results and monthly business metrics, the same day.
FXCM which offers foreign exchange trading for individual as well as institutions has been in a tight spot in the month of February, due to removal of standard support for the Swiss Franc in January. Though FXCM Inc (NYSE:FXCM) will overlook retail customers, it expects its institutional clients to repay differentials. FXCM proposes to recover dues from high net worth as well as traders with senior practices. The percentage of this smaller group of 10% it hopes to recover payment from, will amount to nearly 60% of the payment due.
FXCM has been successful as a forex trader, as well as related products, due to its No Dealing Desk. The benefits clients receive is due to the network of forex providers that FXCM has, thereby offering liquidity advantage. For popular currency pairs, the competitive spread enables clients to leverage wide-spread benefits.
Mobile Trading support
FXCM Inc (NYSE:FXCM) has been successful as an online trading form, essentially because it supports multi-device access, especially mobiles. As most features are accessible for traders on the move, larger network of retail traders are able to trade via one-click orders, relying on real-time analysis and charts.
For those interested in oil, silver, gold stock within the forex trading platform, FXCM offers unique products, through its Forex Capital Market Limited, a UK subsidiary. These CFD products work on a no re-quote trading process and factor in forex for indices-based trading.
FXCM Inc (NYSE:FXCM) in recent months has been the cynosure of analyst criticism, for misleading marketing. Though there is much subjectivity in the analysis, FXCM metrics for the month of February are expected to reiterate much of the positive growth, despite the foreign-exchange set back due to the Swiss Franc’s turntable!
BULLISH Seeking Alfa article (Not that it matters but is nice to see something + coming from SA)
http://m.seekingalpha.com/instablog/16307412-egor-romanyuk/3811586-fxcm-on-the-road-to-recovery
FXCM On The Road To Recovery. 2
Mar 10, 2015 1:46 PM | about stocks:
FXCM stock is down nearly 90 percent since mid January.
Can't go any lower, means buy them up cheap? Not always the case but may be in the case of FXCM.
The company has ended up with -$225 million balance as a result of SNB removing the floor on EURCHF of 1.20 they did so after three years of having the floor in place after noticing the constant decline in the EURO .
FXCM, as any other successful Currency broker allows their customers to trade at hefty margin, and has clocked in some decent profits year over year as the result. Unlike other brokers, FXCM guaranteed not to come after retail (RETAIL) customers if their account reach negative balances.
As a result FXCM quickly went looking for help to cover the negative to comply with regulators in order to continue business as is. LUK came to rescue and gave them $300 million dollars ($279 million net). The loan comes with a hefty coupon of at least 10% annual and not exceeding 17%. first $50 million of the loan has to be paid by April 16th to avoid a penalty of another $30 million. The market and majority of analysts took the news negatively.
Now lets crunch some number. FXCM had $327 million in cash and cash equivalents before the EURCHF black swan event. They borrowed $279 million. FXCM announced negative balance of $225 million but didn't say that this particular number was needed in order to regain compliance. I will assume that its lower, lets say $180 million (80%).
OK, so they borrowed $279 million, used only around $180 million. leaving them with left over loan of about $100 million. The payment they need to make by April 16th is $59 million (50 million plus roughly 3% premium on $300 million)
To me it makes sense that they are in a good position to make the payment by the due date. The ticker now trades between 2.05 and 2.25 and a market cap of about $100 million. If i am right in my assumption they have more than that laying around in cash and they continued their operations, which provide more revenue.
My price target for mid April is at least $5 per share.
Nice AH action. Gap up tomorrow??
I believe we'll see huge volume c/w a BIG squeeze this Friday.
Quote: FXCM metrics for the month of February are expected to reiterate much of the positive growth, despite the foreign-exchange set back due to the Swiss Franc’s turntable!......
Somebody knows something. Metrics leaked?
And no bid support? Who are you gonna sell your millions of shares?? Just wondering
LOL. No love for Papa any more?? Boring over here.
Not enough liquidity here anyways for my taste. Even for a quick flip flop. GLTY
Yes. But why why why?? Still don't get it.
LOL. I really really really want but can't find a good reason other than you and Gary trying to get out. LOL. You use to have a lot of followers Papa. Why aren't they buying here on this gem?? Let me guess. Is under the radar yet and will explode soon. LOL OH MAN. I used to take you seriously. LOL
250 shares means getting what?? LOL
You don't need to take my word, is public available information. 30 millions float. Do you have a link that says otherwise?
Oh yea. This reminds me of American Air Lines which I bought at 0.30 cents after the big blood shed and sold at 12$ just a couple of months later before the merger. Now they are the biggest airline in the world.
Both BIG companies that took a hit but have strong foundations and a clear path to recovery. Lets not forget that FXCM is still the mayor FX broker in the WORLD. Back to 17$ before EOY. Great Risk/ Reward opportunity here. FXCM
LOL. Ridiculous. So you are saying HC will have to inspect every single patient basement grow up and give licenses to over 500000 basement grow ups (Estimated growth)? Maybe on the parallel universe?
Hey Garyst, long time no see you. I remember you for APS pump and dumps on the old times. I see you still getting caught on the dumps. LOL. By the way the float here is 30 millions not 2 millions like your papa suggested. Good luck with this scam. LFOL
NEWS?? LOL. That's a good one. This POS has never released news. Are you sure you are looking at the right ticket?? LFOL
Do you have a link for a float of 2M. Every where you look it says 30 mill. Where are you getting the 2 mill float? LOL
I think there is more chances of FXCM going back to 17$ than dropping to 1$, but we'll see. BULLISH
BIG NEWS COMING THIS WEEK!!!17$
There is plenty of evidence!!! Stay tuned with the court developments!!!GO TWEED
Dividends Coming Soon$$$$$$$
Whohooo!! I am looking forward to that and the dividends announcement. $$$$$$$$$$$
Dividends will be announced.$$$$$$$
FXCM Easy no brainer triple here.
FOREVER AND EVER!!! TWEED
I like this range. We'll be taking a small position tomorrow.
TWEED=#1 LP in Canada. Is that simple. Long term hold for me$$$$$$$
You know this is PC generated stuff right. According to your link FXCM has less probabilities than the rest of the industry. From your same link
.....Based on latest financial disclosure FXCM Inc has Probability Of Bankruptcy of 51%. This is 5.61% lower than that of the Financial sector, and about the same as Investment Brokerage - National (which currently averages 50.42) industry......
Back to 17$ before EOY$$$$$$$$$$$
Going back to 17$$$$$. LOVE FXCM. Weedeee!!!!