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Tbone88

01/27/15 2:28 PM

#6138 RE: bullrider2 #6133

I don't know bullrider. Someone is constantly knocking it down.
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MJames89

01/27/15 2:37 PM

#6143 RE: bullrider2 #6133

There is no misleading information by bears, at least what I have seen. Lots of misleading info by (retail) longs though:

"Stock price goes back to $10!!!!"
"They can sell assets to pay off the loan and be free from Leucadia"
"Assets are $2.4 billion, this is worth $10+" (without making mention that liabilities are $1.7B, $400M of assets are goodwill and they took a $225M loss so tangible book value might be negative)
"Lower leverage is a good thing for the business"

These are just a few of the many horribly inaccurate and untrue statements I have heard here and other places over the past few days about FXCM. Now that trading volume is dropping, fundamentals take over and will take this pig down, down down!
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Doc Holliday

01/27/15 2:50 PM

#6154 RE: bullrider2 #6133

Nope. No one on this site has enough money to manipulate this stock. NY money is driving it.