Fortress Global Enterprises Inc - Class A FTPLF

RE: RE: RE: RE: Dundee Raises Target to $62

[7034]

Keystone recommended FTP @ 6.71. I had no problem with buying after each double.

The term “tenbagger” was coined by legendary investor Peter Lynch’s in his highly regarded 1989 investment book, “One Up On Wall Street.” Central to his book was Lynch’s belief that individual investors could outperform highly educated Wall Street stock pickers by keeping their eyes open during their daily life and learning basic research skills. Lynch pointed out that, as consumers, workers, mothers, and fathers, individual investors are much closer to the market than the people in Wall Street's ivory towers. When new products are introduced or new businesses opened up, consumers get first-hand information that Wall Street firms wait months for analysts to come up with.

 

Lynch explained that once a stock becomes noticeable enough to make the institutional approved list, most of the gains have already happened. As a result, he coined the term tenbagger to describe a stock that returns ten times the money that you put into it and gave numerous examples in the book from Dunkin’ Donuts to Wal-Mart. Lynch encourages investors to “invest where they have an edge in knowledge” and keep up with the “story” of their stocks and you too can find the next tenbagger.