You say Howard has a sizable ego, then why not have sizable kahunas and have his analyst make a "Strong Buy" call on his own stock?! Man up, Howard!
Sentiment: Strong Buy
A 3 million share day will be the launch signal for a significant upward move.
What's insane is anyone failing to load up at these prices!
So with $4 cash per share the entire company is selling for $1.70. Does that put things in perspective?
Sentiment: Strong Buy
Average volume is around 2 million a day. Already over 1 million in the first hour!
I've been away this morning. It actually opened at $5.81.
I apologize. Missed it by $.02.
Meant $5.80.
I predict $6+ by Monday. It is now in a major buy signal. Probably open in AM around $6.80. Watch the volume grow.
Sentiment: Strong Buy
Shorts are about to get hurt.
Just found in the last quarterly report that the fully diluted shares total is 280,809,000. At $5.52 that is a capitalization of $1,550,065,680. On June 20 add $750,000,000 from the eSpeed sale. The question is will that potentially add $2.67 to the share price? Any thoughts?
Is the outstanding shares listed as 168,030,000 an accurate number?
He certainly will talk about the profitability of the Korean bond project that was just approved and when NDAQ will deliver his big check and what he will begin to buy with it, like share buybacks. These may be some of the reasons the shorts and options traders are working so hard to pull down the pps.
Lutnick has two golden opportunities, 6/4 annual meeting and 6/6 Sandler O'Neills Conference, to make annoucements that will impact share price and volume. What do you think he will announce?
Question: With $1.24 billion of approved income flowing in, what company(s) might be interested in taking out BGCP now to get in front of any pps growth and before they deploy this income?
Sentiment: Strong Buy
.10
Thanks for the response. I'm trying to understand what the "real estate platform" might consist of as far as investment targets. The NDAQ shares deal was something like a million shares a year for 15 years? At $28-9 a share that will be substantial income without expense. What am I missing by thinking this is under priced and the dividend should be higher soon?
Does anyone have ideas about how the $1.23 billion to be received from NDAQ might be used, like acquisition targets or special dividends, etc?
Note of correction: the figure is 130,300,937 which is only 19+% of actual.
Example: Yahoo Finance numbers for Friday DJIA volume was 1,303,000. Adding the volume of the 30 DJIA stocks for Friday totals 662,533,772. How do you get Yahoo to fix? This has been going on for a long time.