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BGC Partners, Inc. Message Board

  • gswkool gswkool Nov 17, 2012 10:58 AM Flag

    my last post titled "don't like" was Aug. 5th

    where I felt the dividend would be cut as projected forward estimates continued to decline. At that time the stock was at $5 area. At this point, dividend has been cut and stock has fallen considerably and will have to rise by 50% to get back to that point. It's difficult to predict what the overall markets will do going forward other than to say it will be volatile. I do see long term potential value of what has been put together on commercial RE side. I think that a split off of the two businesses at some point down the road will create additional value and allow for further independent expansion of each - if they decide to go that route. There are still open issues with future securities regulations in question which can make or break the securities trading brokerage side of the business. For those that like to gamble such as myself, this is a good entry point to begin to ease in to a LT position....GLTA

8.68+0.01(+0.12%)Aug 26 4:00 PMEDT