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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 OptsyEagleon Dec 31, 2010 10:09am
150 Views
Post# 17910611

RE: who is pummeling FTP

RE: who is pummeling FTPUnfortuneately it is just retail investors trading this thing today and yesterday.  They are not always the brightest bulbs on the tree.  Many still believe they can "take profits" so to speak, forgetting that whatever they sell, they need to find another stock with a better potential future for this money or it ends up that all they did was "create a loss".  It's doubtful that they will find anything better then FTP.

The institutional investors are currently on vacation so whatever the retail investors do to this stock today, they will more then correct it when they are back at work on Monday, as they look for something that will propel their portfolios in 2011.  I doubt they will pass up FTP.
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