Global Brokerage Inc. (GLBR)

[cjstocksup]

Based on the fact that over 1/3 of the FXCM float is being shorted if we force them green daily they should take FXCM to the $3.50 to $4.00 range just on the cover ahead. On big payment news we run a couple dollars hard over $5.00 easy IMO. They tried desperately this AM to gap it down and posted a lot about going below $2.00 but the funds and big $$$ that own FXCM did not let them do it and also took them green for their games. The funds need to bring FXCM back over $5.00 for certain funds to qualify to hold FXCM positions. I am betting they will do it soon.

The only way for shorts to push this down is to continue shorting.