Global Brokerage Inc. (GLBR)

[tcr7309]

Go back and read the citi anlysts reports/articles. He was basically saying that all the assets would be gone. He basically said that leucadia would force the sale of all the assets or take over all the assets of fxcm and they would be left with nothing but a shell. Well, when you pay cash ahead of schedule to pay down your debt in no way was that what the citi analyst and for that matter you thought would happen. You are basically spinning your wheels to figure out how to get out of your position before the squeeze begins.

Longs or those thinking to go long, the best value to play this imo is to take half your fxcm investment dollars and go long with stock and the other half buy the augie 2.5/calls for .4 or lower.

Good luck to longs, this could get very interesting very soon.