Gerald Segal

Gerald is the founder of FNG and is one of the most experienced writers covering the online trading sector. Prior to starting FNG, Gerald founded Forex industry B2B news website LeapRate.com in 2010, selling it in 2018 to publicly traded Catena Media plc (STO:CTM). An avid skier, cyclist and ice hockey player, Gerald was previously an investment banker for more than a decade at Bear Stearns, Robertson Stephens, and Merrill Lynch. Gerald holds an MBA from Columbia University in New York and a BCOM degree from the University of Toronto.

3 Comments

  1. Gerald Segal
    May 28, 2020 @ 4:35 pm

    Editor’s note: GCAP shares opened up down slightly on Thursday, at $6.20 per share. So it looks like the markets aren’t too moved by the JB Capital letter. If anything, seems like from the “market” perspective shareholders are resigned to the $6-per-share offer going ahead.

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  2. Holy roller
    June 3, 2020 @ 12:11 am

    well based on your theory seems as though the acq will go ahead. gain shares still trending downwards the last days and are just above 6. i still don’t know why $6 is better than $6.25. this seems fixed by someone. but hey its forex!

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    • Gerald Segal
      June 3, 2020 @ 12:15 am

      I’d agree with you, Holy. To quote a very smart (and oft repeated trader, the market is always right. And if the market is right it is clearly saying that the deal is more likely to get done at $6 than not, at least as compared to a few days ago. Just a couple days to go until the shareholder vote, so we’ll see.

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