Global Brokerage Inc. (GLBR)

[MJames89]

There is no misleading information by bears, at least what I have seen. Lots of misleading info by (retail) longs though:

"Stock price goes back to $10!!!!"
"They can sell assets to pay off the loan and be free from Leucadia"
"Assets are $2.4 billion, this is worth $10+" (without making mention that liabilities are $1.7B, $400M of assets are goodwill and they took a $225M loss so tangible book value might be negative)
"Lower leverage is a good thing for the business"

These are just a few of the many horribly inaccurate and untrue statements I have heard here and other places over the past few days about FXCM. Now that trading volume is dropping, fundamentals take over and will take this pig down, down down!