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Re: PennyStockInvestor post# 8283

Monday, 02/02/2015 11:36:26 PM

Monday, February 02, 2015 11:36:26 PM

Post# of 18419
And this is the longs and shareholder reply to the shorts side of the report you posted!
"Speaking to Benzinga, Former GFT Manager of Global Risk Jeff Wilkins said that a rumored $5.25 per share buyout of FXCM Inc
FXCM 3.64%
by Charles Schwab Corp
SCHW 2.39%
“absolutely makes sense.”

Wilkins is currently with ThinkLiquidity, a firm that provides software to help brokers manage risk. He said that $5.25 is quite a premium compared to the current share price of around $2.80.

“But last week, the stock was trading around $17, and the only thing different is the cash situation and possible reputational damage,” Wilkins said.

Wilkins added that if Charles Schwab is a suitor, it brings immediate credibility to the table.

FXCM was trading more than 10 percent lower in Friday's session, while Charles Schwab was down 1 percent."

Brianna Valleskey contributed to this report.


Read more: http://www.benzinga.com/news/rumors/15/01/5173689/former-gft-manager-of-global-risk-says-charles-schwab-fxcm-buyout-rumor-ab#ixzz3QeZnMopO
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