Fortress Investment Group LLC (FIG)

New management will help

fig has a horrible pr dept. but aggressive officers. company will do fine.

Why not get in after a 30% run up? Kind of the theme of this site :) Keeping my Blackstone green thumb too.

Good earnings.

Competency in Fund Management is becoming more and more important to investors. FIG has a proven track record.

Fortress Investment Group, like many financials have gone the way of their peers and are issuing shares. Similar to the federal goverment issuing money. While dilution is sometimes bad, we are in opportune times where paying off debt and investing in distressed assets (their core business) should win out in the end. Three days in a row CNBC's Guy Adami pitched Fortress as his buy. Each evening/morning Fortress popped and dropped until a good number of shares traded hands between $5.50 and $7.00. Normally a CNBC pick/push would cause me to respond with a red thumb, but it did help to set new resistance. The new stock is to be issued at $5 per share. So while Fortress has some cracks in their walls, this well respected firm should have no trouble finding some distressed assets to invest in and start to recover, (someday/some year/some decade).

Remember me talking about fig in early FEB

Fotress will convince a bunch of investors that this plan has a lot of upside and very little downside.
Raise $50b.
Collect 2% mgmt fee ( = $1B). Then who cares what happens to the assets.
FIG managers can retire comfortably.
They just made an easy $1B.
If FIG investors end up losing money, blame the government.

In december they only reported losing the management of $5.5 billion dollars which was not as bad as expected. There is confidence here and at $2.00, there isn't much risk.

risky i know, but with large chunks of its debt refinanced and some interesting holdings including railroads i like this stock. Also i feel a lot of money will flow into AI in 2009 and although the stock has been killed it is still held in high regards in the industry so may attract a fair amount of cash.

Down beaten and way over-sold.

A 50% pop in 6mths...75% in 9...100% in 1yr!

These area very, very smart people. They have a healthy capitalization level, and access to some very cheap debt in some of their funds -- that does not have mark-to-market requirements. As the markets continue to deleverage this stock (and their industry) could feel more pain, however, the company is very unlikely to fail and the investments that they make in the net 3-6 quarters will prove to be incredibly profitable.

Heavily oversold. Sufficiently nimble to have ample opportunities amidst the chaos. Juicy dividend yield provides cushions against further falls.

Got to go with another bottom liner and hope it gets the reboost it needs to make my investment pay off big. This stock looks like it is dead news and should probably go with it underperforming but I am going to try going against the odds and hope to win big here.

Mrkmn

Similar goals and similar results as BX for rest of quarter and the year. Possible $15-20 stock price by end of the year, for a 35-80% increase from current price of $11.27/sh.

ALTHOUGH THE MARKET IS IN A SLUMP DUE TO FINANCIAL PROBLEMS INVOLVED WITH SUBPRIME MORTAGES, ITLL BOUNCE BACK UP

beaten down

FIG has been beaten up along with all the other financials, despite having zero exposure to the mortgage CDOs. I think that in comparison to big banks and brokers, FIG took a bigger beating than it deserved. Upside: Dividend yield makes this attractive as an income stock at this point, with a potential for significant growth after the financial markets settle. Downside: To pay the dividend, the company needs to continue both earning fees on assets under management (that's low volatility) and making profits on private equity investments (much more lumpy). It's in the latter area where they could run into trouble.