GREY:FTPLF - Post by User
Comment by
Nighthawk40on Sep 17, 2010 6:37pm
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Post# 17463262
RE: RE: RE: RE: RE: After Tomorrow's Close
RE: RE: RE: RE: RE: After Tomorrow's CloseHi Steady,
FTP investors understanding that their shares will be worth more on Monday should be asking a premium for their valuable shares.
In a quiet day of trading, the stock nearly hit $36.
Steady, I'm increasingly gravitating to your $89 price target in the next 18 to 24 months.
In theory there are only 12 million shares available. However, long term Investors like you and I are in no hurry to sell our shares at this low price. (Neither is Chad or Irwin Michael). So the real number of shares available to purchase is significantly much lower than the 12 million shares.
The law of supply and demand dictates that the index funds, ETF's and new shareholders will be paying much more than $36 a share next week.
Analyst have set a low target price of $40 for this stock.
I have a feeling that the $40 barrier will be broken by the end of this month.
It would be nice if it coincides with Chad winning his expected award on Sept. 28th. He has done an amazing job growing FTP.
All in all, it will a very exciting time for FTP shareholders.
Cheers,
Nighthawk40