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Weston16

08/07/13 9:43 AM

#8844 RE: AlanC #8843

Well I was correct on the book value somewhere in the 19-20 dollar range depending on the intagibles and the goodwill being removed. This stock is grossly undervalued. The losses are associated with the merger. If that is correct than the next earnings should show a nice gain...again we will see how this plays out.
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SevenTenEleven

08/09/13 7:30 PM

#8845 RE: AlanC #8843

KCG - Downward pressure continues!

Will be below $3.50 soon enough,

Note holders from the NITE bailout will be long gone before then,

That or they will be shorting against the box, or allowing their counter parties to be shorting against the box.

Tic Toc