GREY:FTPLF - Post by User
Post by
7034on Nov 23, 2010 3:57pm
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Post# 17746699
Key Sone Financial says
Key Sone Financial saysWe believe Fortress Paper (FTP:TSX) is fully valued in its current range based on its current fundamentals and would consider selling at least half our positions in the $45 range. Long-term, we like what the company has done with its new dissolving pulp mill and see potential for this to drive the stock higher, but that is likely 18-months out and there is always execution risk.
Key Stone put tons of people in this stock from day one
This could account for some of the selling.