GREY:FTPLF - Post by User
Post by
steeevenon Jan 08, 2013 10:05pm
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Post# 20813049
Steady
Steady Hi guys. I'm back in after taking a fairly big hit on this one last year. It's a tantalising story with a huge amount of earnings leverage if things can finally go right for this company.
Steady was a great source of info, but I haven't seen any posts from him since this run began. Steady, you still out there? Got any insights or info for us?
This could be FTP's year, pretty much everyone has given up on them and the short position is huge. No doubt some short covering is adding fuel to this rally. If cotton prices rally, the price for dissolving pulp will firm up. It seems as though Thurso is progressing and if they start going full out, then those old earnings proections of $4 or 5 or 6 bucks a share start to come back into focus.
I'll ride this one for a while.