Replies to post #4496 on Global Brokerage Inc. (GLBR)

[PennyStockInvestor]

That activity may be driven by poorly informed day traders, said William Katz, a Citigroup Inc. analyst. The shares are worth 75 cents each because about 95 percent of the proceeds of a sale will probably go to Leucadia and debt holders, said Katz, who recommends investors sell the stock.

“It’s difficult to make the case the stock is worth where it is today,” Katz said in a telephone interview.

http://www.bloomberg.com/news/2015-01-23/leucadia-to-charge-as-much-as-20-5-interest-in-fxcm-bailout.html