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Maybe the shorts didnt get the MEMO.
Read the NEWS again. Going back to double digits. Remember that.
Is too early to say that. Dont you think? Wait and see.
Look at that Pre Market!! BOOM. Going back to double digits.
Please Do. LFOL
Pre market keeps going up. Stay tuned. It'll be fun today and the days to come. 11$$$$$$
Waaaaahaaaahaaa. Thats in your lalala land alternative reality? Do you think the people on this board is stupid? Pufff. Get lost and watch the epic move today.
ANNOUNCEMENT FOR SHORTS:
Please shorts we realize you are screwed, but please try to keep calm and cover in an organized way. Everybody will het their chance to cover some at 3$,4$,5$,6$......11$.
Thank for your cooperation.
LONGS. LOL BOOOMM!!!11$
KABOOMM!!! RUN SHORTS. HAHA
HUGE NEWS!!!!
FXCM Adopts Stockholder Rights Plan
Source: GlobeNewswire
NEW YORK, Jan. 30, 2015 (GLOBE NEWSWIRE) -- FXCM Inc. (NYSE:FXCM), a leading online provider of foreign exchange, or FX, trading and related services, today announced that its Board of Directors has adopted a Stockholder Rights Plan (the "Rights Plan") and declared a dividend distribution of one right on each outstanding share of the Company's Class A common stock.
The Company's Board of Directors is committed to acting in the best interests of all of its stockholders. The Rights Plan is intended to enable all of the Company's stockholders to realize the full value of their investment in the Company. It is also designed to reduce the likelihood that any person or group would gain control of the Company by open market accumulation or other coercive takeover tactics without paying a control premium for all shares. The Rights Plan is not intended to deter offers that are fair and otherwise in the best interests of the Company's stockholders.
Under the terms of the Rights Plan, rights to purchase one one-thousandth (1/1000) of a share of a new Series A Junior Participating Preferred Stock of the Company (the "Rights") at a price of $11.20 per one one-thousandth (1/1000) of a share will be issued at the rate of one right for each outstanding share of the Company's common stock held of record on February 9, 2015. Under the terms of the Rights Plan, the Rights will initially trade together with the Company's Class A common stock and will not be exercisable. In the absence of further action by the Company's Board of Directors, the Rights will generally become exercisable and allow the holder to acquire the shares of the Company's common stock at a discounted price if (a) a person or group acquires beneficial ownership of 10% or more of the Company's outstanding common stock or (b) any person or group commences a tender or exchange offer, the consummation of which would result in such person or group acquiring beneficial ownership of 10% or more of the Company's outstanding common stock. Rights held by the person or group triggering the rights will become void and will not be exercisable.
The issuance of Rights is not a taxable event, will not affect the reported financial condition or results of operations (including earnings per share) of the Company and will not change the manner in which the Company's Class A common stock is currently traded.
Further details about the rights plan will be contained in a Form 8-K to be filed by FXCM with the U.S. Securities and Exchange Commission.
Puffff. LOL. Thats the most silly post I've read. Short some more please.
There is no penalty any more. You didn't get the memo?
This stock is a scam. LOL
Thats right!!! While we are collecting dividends and waiting for double digits coming soon, shorts are paying fees and risking loosing all with one single PR. Time is on our side.
All Shorts are totally fu$&@)(;:. Up. They will pay dearly for their stupidity.
To da moon. Whohoo.
Buy the fear. Buying here.
I agree. If it wasn't for that we would be over 10$ already.
Greedy, piggy shorts about to get slaughter.
Smart money talking to you. Can you hear it?
Adding up some cheapies today. TWEED
Ok don't mark it, just watch. $$$$$$$
Just watch how it bounces with even more force. 6$ EOW. Mark it.
Boom$$$$$$$$$. Stay tuned.
If you are so sure you should short more then. Go for it.
Your problem is you are not reading correctly. Notice the agreement is with Newco ( a new entity), not with FXCM. Do you really think the guy who built a company from scratch to over a billion dollar company is bending over and giving everything away. LFOL. The debt will be paid soon enough. Have you taken a look to the latest news?? You are taking about numbers?? Have you even taken a look at the numbers on their Q releases. No worries. The next Q report is coming soon too.( we are taking billions) FXCM going back to double digits. You shorties are treating this like a penny stock with no clue what you are dealing with. Pathetic newbies. You'll get burned. 15$ before EOM bi$&@.
New CEO will be another great News. hoping is coming soon.
Looking forward to Q4-2014 and Q1-2015. So much growth here. Green days ahead.
Pretty much everybody with a full time job has at least 80% coverage for prescriptions.
We should know more about how much money they will recover in the next 24-48 hours. Get ready to suffer shorts.
FXCM Inc. said it would forgive about 90% of its clients who incurred negative balances earlier this month after an unexpected surge in the Swiss franc left them with steep losses.
The retail foreign-exchange brokerage said it would notify the applicable clients and adjust applicable client account statements in the next 24 to 48 hours.
The client losses, which were about $225 million, stemmed from the surprise decision of the Swiss National Bank to end its cap on the franc's exchange ratio to the euro.
The company also said it would begin talks with some of its institutional and high net worth clients and experienced traders who typically keep higher account balances. That group accounts for about 10% of clients who incurred negative balances but represents about 60% of the total balance owed.
"FXCM worked diligently to reach this decision and we are extremely appreciative of our clients for their patience and loyalty as we worked through this," Chief Executive Drew Niv said.
The broker also said the SNB announcement, extreme price movements and the resulting lack of liquidity were "exceptional and unprecedented events" that were unforeseen and beyond the control of FXCM.
FXCM accepted a $300 million rescue package from Jefferies Group LLC parent Leucadia National Corp. to cover the client losses.
I just smell burned flesh. I guess is coming from the shorts getting burned. Its getting more intense every minute. Can you smell it too??
BREAK OUT IMMINENT!!!!
Greedy pigs get slaughter. Fundamentals always win. Lets see how fast can you guys cover when the run begins. It will certainly be fun to watch.
Its coming!!!!
FXCM will also notify certain clients (such as institutional, high net worth, professional, and experienced traders who generally maintain higher account balances) requesting payment of negative balances, pursuant to the terms of the FXCM master trading agreements. This group represents approximately 10% of clients who incurred negative balances which comprises over 60% of the total debit balances owed.
There is a huge gap from 17$ to current pps that will be mostly filled all the way up. IMO
Emergency loan will be payed before many people think. Stock will go back to double digits sooner than most people think. Huge Things approaching........
Boom!!! Cover shorties. More good News on they way. I warned you all yesterday. Just saying.