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Thread: FIG (Fortress Investment Group) will report good earning and its way undervaluded!

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    Junior Member littlebubble is on a distinguished road
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    Default FIG (Fortress Investment Group) will report good earning and its way undervaluded!

    Everyone this company FIG (Fortress Investment Group ) will show good 3Q earning this Friday. Also, the current price now at $4.19 its way undervalued. The stock value is worth at least $6.50 and after earning it may jump to $7 to 8. 3Q earning will report on 6th of November 2009. GL everyone!

    Here's the latest news on it.

    Three major hedge-fund managers will post third-quarter results next week as their funds capture their high-water marks. Och-Ziff Capital Management LLC (OZM: 12.12, -0.16, -1.3%), which reports Tuesday, is likely to post lower results from a year earlier, though it has seen improvement in all of its funds. Fortress Investment Group (FIG: 4.23, -0.16, -3.64%) and Blackstone Group LP (BX: 13.44, -0.46, -3.31%) are expected to swing to the black when they report Friday.

    Week Ahead: Jobs Report, Earnings - FOXBusiness.com


    Here's S&P recommond buying it.

    October 29, 2009
    11:37 am ET ... S&P KEEPS BUY RECOMMENDATION ON SHARES OF FORTRESS
    INVESTMENT GROUP (FIG 4.3****): Although the initial public offering from
    portfolio company Rail America (RA 11, NR) has performed poorly, we expect
    FIG's private equity funds to continue to monetize portfolio investments as
    markets improve.We think FIG's hedge fund flows have probably stabilized and
    performance remains strong. Still, we think incentive fees will likely be minimal in the current year, but we expect a boost from these in '10.We are trimming our '09 estimate by $0.04 to $0.35, '10's by $0.13 to $0.58, but keep our $6 target price, in line with peer valuations. /M.Albrecht


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    Junior Member littlebubble is on a distinguished road
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    HI, everyone FIG is reporting tomorrow, this stock is gurantee to have a good run tomorrow. Just look at the after hour trading, it's already up.


    Fortress Investment Group LLC - Google Finance

    GL luck everyone!

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