should go back to your penny stock investing instead of dreaming of making this one a penny stock. Sticky all your own posts all you want. Won't work here. FXCM$$
I can't believe people still read that SA garbage. Years ago I read SA And lost tons of money on the advice. Now I make money and every time the article is contrar.
Citigroup reiterated its "sell" rating and 75 cent price target on the stock.
Citigroup lowered the price target to 75 cents from $4.25 on Tuesday and maintained its "sell/high risk" rating after FXCM plummeted Tuesday following its disclosure of the terms of its bailout by Leucadia National (LUK).
FXCM Considers Sale Of Non-Core Assets: How Does This Impact Its Valuation?
Summary
•FXCM is considering the sale of non-core assets, which should significantly improve the firm's ability to pay off the Leucadia loan in a timely manner.
•The sale of assets, along with the strategy to pursue client debit balances will stifle FXCM's revenue growth.
•Even with an ability to pay off the loan early, FXCM's stock price upside is limited.