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FXCM Prepares 1-for-10 Reverse Stock Split, Stock Tanking
http://www.thestreet.com/story/13227617/1/fxcm-prepares-1-for-10-reverse-stock-split-stock-tanking.html
FXCM Director James Brown was recently selling his shares for $1.30/per share. He obviously knows something and thinks FXCM is worth no more than a $1.30/per share.
http://www.dakotafinancialnews.com/insider-selling-fxcm-director-sells-311955-00-in-stock-fxcm/176141/
Insider Selling: FXCM Director Sells $311,955.00 in Stock (FXCM)
http://www.dakotafinancialnews.com/insider-selling-fxcm-director-sells-311955-00-in-stock-fxcm/176141/
A Greece debt default or other unforeseeable factors could bankrupt FXCM
FXCM is still grossly overvalued. Loan repayment does absolutely nothing to change the fundamentals here.
FXCM major shareholder James Brown offloads further $312,000 worth of company shares
https://leaprate.com/2015/05/fxcm-major-shareholder-james-brown-offloads-further-312000-worth-of-company-shares/
FXCM Stock Continues to Decline Following Ratings Downgrades After Earnings Miss
http://www.thestreet.com/story/13153330/1/fxcm-stock-continues-to-decline-following-ratings-downgrades-after-earnings-miss.html
Shareholder sues FXCM alleging improper disclosure of risks
http://www.classactionsnews.com/case-event/shareholder-sues-fxcm-alleging-improper-disclosure-risks
KBW: FXCM Is Worth $1/Share
http://finance.yahoo.com/news/kbw-fxcm-worth-1-share-165736870.html
Leucadia wants a carrot for management. But it doesn't leave much for FXCM Inc shareholders.
#2 Jefferies and Leucadia want to be the place to go in a liquidity/credit crisis. They want the next imperiled company to come to Jefferies for a rescue package. Onerous terms that left shareholders with zero will not exactly be an attraction for the next rescue candidate.
That said......these were very harsh terms. Leucadia has already announced a massive profit on the deal. Did the management of FXCM look at alternatives? Would they have gotten better terms if they had two competing bidders?
FXCM: Leucadia's 10-Q Values FXCM At 89 Cents Per Share, 55% Downside To The Stock
http://seekingalpha.com/article/3173366-fxcm-leucadias-10-q-values-fxcm-at-89-cents-per-share-55-percent-downside-to-the-stock
Barclays Says FXCM 'Upside Limited'
http://finance.yahoo.com/news/barclays-says-fxcm-upside-limited-172754046.html
Redo your FXCM calculation but with an estimate that includes the massive fraud lawsuits currently pending against the company.
http://www.reuters.com/article/2015/05/09/fxcm-lawsuit-idUSL4N0XZ86220150509
Pension fund sues FXCM for fraud over drop in stock on Swiss franc
http://www.reuters.com/article/2015/05/09/fxcm-lawsuit-idUSL4N0XZ86220150509
No luck for Leucadia: FXCM loses a bundle
http://nypost.com/2015/05/08/no-luck-for-leucadia-fxcm-loses-a-bundle/
FXCM Posts $427 Million Net Loss
http://www.wsj.com/articles/fxcm-posts-426-8-million-net-loss-1431119243
Scott+Scott, Attorneys at Law, LLP Files Securities Class Action Against FXCM Inc.
http://ih.advfn.com/p.php?pid=nmona&article=66779563
EQUITY ALERT: The Rosen Law Firm Announces the Filing of a Securities Class Action Against FXCM Inc.
http://ih.advfn.com/p.php?pid=nmona&article=66777467
FXCM $2+ per share is not justified based on the horrendous Q1 2015 earnings release. In my opinion the stock price is going to crash hard come Monday morning. Which is why the company released earnings in afterhours on a Friday.
FXCM Inc. Announces First Quarter 2015 Results
First Quarter 2015 Highlights:
• U.S. GAAP trading revenues from continuing operations of $69.2 million
• U.S. GAAP net loss attributable to FXCM Inc. from continuing operations of $393.3 million or $8.35 per fully diluted share
• U.S. GAAP revenues from discontinued operations of $28.8 million
• U.S. GAAP net loss attributable to FXCM Inc. from discontinued operations of $33.5 million or $0.71 per fully diluted share
http://ih.advfn.com/p.php?pid=nmona&article=66778106
FXCM: On The Road To Zero?
http://finance.yahoo.com/news/fxcm-road-zero-185533107.html
FXCM Inc.: Retail Forex Is In Global Regulators' Crosshairs
http://seekingalpha.com/article/3094366-fxcm-inc-retail-forex-is-in-global-regulators-crosshairs
FXCM Clears The First Hurdle But Is There Any Value In The Company?
http://seekingalpha.com/article/3065616-fxcm-clears-the-first-hurdle-but-is-there-any-value-in-the-company
FXCM: This Equity Is Nearly Worthless
Summary
•FXCM shares have rallied to a valuation far beyond what is justified based on its prior earnings power.
•Its forward value will be harmed by more regulation and reputational damage.
•Shares should trade for less than $1/share.
http://seekingalpha.com/article/2842986-fxcm-this-equity-is-nearly-worthless
Citigroup: FXCM Worth Just $0.50 Per Share
http://www.benzinga.com/analyst-ratings/analyst-color/15/03/5336490/citigroup-fxcm-worth-just-0-50-per-share
FXCM price target lowered to 50c from 75c at Citigroup
Citi lowered its price target for FXCM (FXCM) shares to 50c after its "fresh look" at the business indicated the equity is worth less than it previously thought. Citi says the rescue financing by Leucadia (LUK) "all but wipes out the equity." It keeps a Sell rating on FXCM
Citi Thinks FXCM Is Still Worth $0.75
http://finance.yahoo.com/news/citi-thinks-fxcm-still-worth-152815364.html
FXCM Stock Sinking Today Following Analyst Downgrade
http://www.thestreet.com/story/13079915/1/fxcm-stock-sinking-today-following-analyst-downgrade.html
Currency wars threaten Lehman-style crisis
http://www.telegraph.co.uk/finance/comment/liamhalligan/11472336/Currency-wars-threaten-Lehman-style-crisis.html
Citi Thinks FXCM Is Still Worth $0.75
http://www.benzinga.com/analyst-ratings/analyst-color/15/03/5325251/why-citi-thinks-fxcm-is-still-worth-0-75