Global Brokerage Inc. (GLBR)

[IcePick06]

If FXCM sells FAROS stake for $15mm-$20mm I will call it a victory. Why? Because in the last PR FXCM stated they would pay another $12 million in the coming weeks. As long as they stay on their payment time line and knock the balance down, shorts will become more fearful and let up and more longs will jump in causing this to easily go back over $7 IMHO.

right now most investors are just waiting and watching...but the more FXCM executes the plan outlined in their conference call a few weeks ago (selling non core assets, paying loan off before end of 2015) the quicker this jumps back up towards pre-SNB levels.