Wednesday, August 06, 2008

FTI Consulting (NYSE:FCN): Heads up from a smart hedgie

A smart hedgie just pinged me on FTI Consulting (NYSE:FCN) saying:

Keep your eye on this FCN had big news this morning aside from hitting numbers, they are spinning off there technology business in the form of an IPO, big news, will be kind of hairy but i dont think people understand how positive this spin off is.

Going to be hairy though. May not shake out until conf call is over.

Notablecalls: Same guy that gave the SGMS heads up last wk. - Fyi

PS: $64 looks like a great spot to enter here - fyi (NC comment)

1 comment:

Anthony said...

looks like all the sellers have been shaken out.