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$9.29 -0.34 (-3.53%)
9/5/2008 4:00 PM

Fortress Investment Group LLC (FIG)

CAPS Rating:
*

Raise,invest,manage pvt equity & hedge funds etc.

View All Commentary (FIG)

Recs

3

Avatar FoolforSilver (94.49) Submitted: 2/15/07 12:53 PM : Underperform Start Price: $26.62 FIG Score: 50.51

Massively overvalued hedge fund. Trading at approximately 30x earnings, which leaves little room for error. They are paid on % of assets and % of gains. When gains disappear(everyone loses every once in a while), investors bail, profits dry up, and the stock tanks. No track record to justify their price.

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Avatar 1modolla (78.18) Submitted: 3/06/07 7:35 PM

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It's a risky call being in FIG. I think I'm ahead of a trend that will be set once other hedge funds enter our US markets. The numbers suck, and I'm kinda regretting my choice, thus far, but I have faith (although I'm not married to this stock).

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