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Fortress Global Enterprises Inc - Class A FTPLF

Fortress Global Enterprises Inc produces paper pulp, security papers, and other security-related products. The company through its segments produces dissolving pulp which is primarily used for viscose/rayon manufacturers in Asia. Its business is spread across Asia where it generates most of its revenues, Europe, Canada, and International.


GREY:FTPLF - Post by User

Post by netgenxon Feb 01, 2012 12:40pm
231 Views
Post# 19474558

sold 1/3 yesterday

sold 1/3 yesterday

I sold 1/3 yesterday @ $39.40 on a cost base of $27.40 to lock in some profit.

At $39.50 I cosidered it a bit of a binary trade with an upside target of $44 but a high probability of a retracement to $35.

At $44 I will sell another 1/3; at $35 I will replace the shares.

 

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