GREY:ARGEF - Post by User
Post by
juanito1on Apr 08, 2014 2:42pm
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Post# 22426103
Cantor Fitzgerald Significance
Cantor Fitzgerald Significance
A few friends have asked...is this a big deal??? The answer is yes...if management takes the opportunity by the horns.And in my opinion...Glen most certainly will...Here is why.....This broker is ranked third in all of America...The writting of a research report also immediately suggests that they will take Argex into many large funds and institutions to tell their story. Cantor is or could help with the financing...but what they are after is the large financing that comes after the process is proven....potentially billions being raised...and Argex will not forget who was the first broker to recommend their stock in th USA...and give Cantor the lead in future financings.
It also means simply...support. A broker can assist a company getting introduced to other potential brokers as well as many financial institutions. Cantor is Global....not just America...so when they need Middle east deals to happen...they will be there.
If Cantor really wanted to....they could move this stock to $1.50 in a heart beat and do a financing at $1.25...the stock would be on its way overnight....Cantor has that much power if they flex it...
Ultimately, the management needs this mindset: "Every day, they need to convince another shareholder to hold their stock...and another potential shareholder to buy stock...Every single day" and they have an invitation by Cantor to do just that....and they will have done their job...and all will be happy