Global Brokerage Inc. (GLBR)

[Green2013]

It has been posted here many times. You should find a better argument. FXCM creates Newco, transfer assets to Newco as collateral for the loan agreement. If FXCM do not pay the loan in two years LUK can force the sale of Newco and keep 90% of the proceeds. Period. Thats the risk. Now everybody knows FXCM is ahead of schedule on their payments, CEO has confirmed they are paying full loan in one year, then assests are transfer back to holdings and newco becomes a shell. At that point stock goes back to 17$ or more taking into account the new City accounts transferred from City clients, and LONGS live happily ever after. THE END. Enjoy your little time of happiness while it last shorts and remember LONGS make money , shorts too but greedy pigs get slaughter. THE END.