% | $
Quotes you view appear here for quick access.

Fortress Investment Group LLC Message Board

  • stlbeerman196810 stlbeerman196810 Nov 5, 2012 10:36 AM Flag

    Beautiful Day in FIGland

    It can not get much more bullish than this. From a fundamental side, AUM up 8 percent quarter over quarter. Big year end top-off distribution to come. FIG making a new high even as some of its companies (NSM and NCT) are down today.

    Now Technical Analysis (TA) is mostly for people who can't do fundamental analysis (or should be pushing shopping carts). However, there is one TA doctrine that is worth paying attention to: when a stock hits a new high on high volume, you should not sell. If anything, you should buy more.
    Now I am faced with a seemingly difficult decision. I am holding a ton of shares bought around $3 (when the troll said to sell). The only reason to sell is possible tax consequences that could come about as a result of the election tommorow. In spite of that , I am continuing to hold all my shares until they stop growing AUM. This could be years from now.

    Congrats to the long. Too bad, so sad for the troll.

    Sentiment: Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • sell and take our profits like the rest of us have been doing all bad you still don't understand the concept of buying stocks that move 2-3 dollars in months that you cash out of and roll to others for the same...vs your #$%$ic view that you stick with a stock for 52 weeks for the same truly win the #$%$ award little man :-)

8.36+0.16(+1.95%)Apr 24 4:02 PMEDT