Fortress Global Enterprises Inc - Class A FTPLF

RE: RE: RE: Great Posts & Block Buy

[Nighthawk40]

What's encouraging is that Institutional investors, as a group, are not selling their shares. As for the sellers, I would not be surprised if the Quebec financing firm that provided capital for the Thurso Mill start-up is still unloading some of their 350,000 shares or for that matter FTP may have sold some of their shares that they acquired for less than $30. The fact that RJ bought these shares reinforces their positive outlook on this company. 

I define a "regular" investor as a small time investor, because they typically don't have the financial means of acquiring a block of 40,000 shares.

I would estimate that over 85% to 90% of FTP shares are owned by institutional / retail investors. Some of these institutional investors cater to high net worth clients. If they lose money,  they may lose these valuable clients. Therefore, I disagree with your statement that most of the time they have poor results.

I own shares of Irwin Michael's ABC mutual funds. His performance results have consistently been 1st or 2nd tier. He is the largest institutional FTP investor. If Irwin suddenly sold a large block of his 800,000 shares, I personally would be concerned and I would want to know why.

The statement that "for every seller there is a buyer" is not always true. FTP shares are not very liquid.

When the 3 for 1 split happens, it will make selling our shares easier.

Nighthawk