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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

Comment by Nighthawk40on Nov 02, 2010 12:34am
224 Views
Post# 17643372

Update

UpdateThe ABC Fund still owns 7.5% of the outstanding shares. Positive confirmation that they expect that the stock will climb much higher.

As positive news start to flow from FTP, the stock price of $46 will be a bargain.

Shorting this stock  now is a sure way to lose your shirt.

I trust most investors have eliminated their short positions before the third quarter results are released.

Nighthawk40

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