Global Brokerage Inc. (GLBR)

[Green2013]

I think it'll continue to pull back to the 1ss, then bounce to the 3s or 4s as the options and puts mature. There are a lot of shorts that will need to cover soon as well. Then it will probably go sideways or go down until we know more about the plan to repaid the loan and options considered by the company.

The current terms of the loan are not favourable for share holders, indeed it makes the stock almost worthless. Even with a buyout the shareholders would be lucky to get a 5% left. Having said that if they figure a way to renegotiate the terms of the loan then the potential is huge. Big risk/ big reward stock here. For me is technical play right now, not a long term hold. Just my thoughts.