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Friday, October 28, 2011

MF Global (MF) Stock Up 30%

MF Global Holdings Ltd. (MF) stock is up by 30% in the first half hour of trading from the $0.99 52 week low at the open. MF Global Holdings Ltd. (MF) has been under fire due to a potential liquidity squeeze. The company is reportedly in talks to sell business assets in order to raise capital.

MF Global Holdings Ltd. (MF) stock is a sell on a break back below $1.00.

http://www.ft.com/cms/s/0/7b2d34f6-00cb-11e1-930b-00144feabdc0.html#axzz1c5Lo42jB