Fortress Global Enterprises Inc - Class A FTPLF

RE:REGULATORS (GOVERNMENTS) SHOULD BAN PENNY-STOCKS COMPANIES

[Straite]

Your reaction shows you are not doing your due diligence. Don't buy a stock only because the CEO buys. Also, the fact the stock price declines (due from a bunch of people selling, not necessarily doing due diligence either) from 0.6 to 0.15 means nothing if there has been no fundamental change in the company or news that would suggest upcoming fundamental change. The CEO does not control the market and his investment was likely not a short-term one. If you owned a condo and someone living in an exact same condo right next to you sold his for 1000$, would you think selling yours thinking the value is going down? Surely not since you know what you own. With regards to FGE, this may only be a temporary decline, especially given the recent news: "Board of Directors has formed a Strategic Committee to consider various strategic and financing alternatives potentially available to the Company, including a recapitalization, restructuring and/or business combination transaction. As part of this process, the Company has engaged Houlihan Lokey Capital, Inc. to act as its financial advisor."