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I bought in at 17.10 on 09-12-05. The stock has continued to drop since that time. Is it because of the poor stock market performance in general or something else?
The last time BGC hit $17 was in 2001. It ran up on no news. It then nosedived right after for no apparent reason (prior to 9/11). It looks like it's doing the same thing.
Geez, I bought this stock at 16.80 thinking it would be a homerun...What a disappointment so far. Any thoughts on why it is falling so hard with such potential in the rebuilding on the Gulf Coast?