GREY:FTPLF - Post by User
Comment by
OptsyEagleon Mar 26, 2011 1:37pm
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Post# 18345128
RE: Going to $300?
RE: Going to $300?I doubt you will see him make these kinds of predictions again, although personally, I am glad he did. I am sure someone in his organization (probably on the legal team) will point out the problems with that type of discussion. He was probably just frustrated, like the rest of us at the current share price.
As for the target being pie in the sky. If a year ago when the stock was at $15, before the Thurso deal was announced, if he had of said that he currently had a deal in the works (Thurso) that could propel the stock price up 4 fold, we would have called that pie in the sky as well, because we would not have been privy to the particulars of this deal.
Know that we, again are not privy to the particulars of the deals they are currently working on, I think it is premature to speculate on what FTP could be trading at the end of 2012. All I know is that with the deals they currently have secured, the price should be higher then a $100 and I will wait in anticipation for what they may be cooking up, as we speak. With almost his entire net worth in Fortress Paper, I doubt he is going to do anything that doesn't provide huge rewards to this company.