Figma Inc. Class A (NYSE:FIG)
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- Nepenthe: @woodman $PUMP #OFF TOPIC Just now getting to your post from last night. Regarding $HECK, which I believe it is now defunct, I apologize if I got you mixed up with another forum member. It was about ten years ago or so, and I remember this ticker as one that got a lot of positive press from Cramer--he liked the CEO Heckman--but it tortured me and others. Amazing how many tickers have come and gone. I think now of $FIG. Nonetheless, I've followed your posts over the years and have always appreciated your insights. Cheers.
- woodman: @Nepenthe $PUMP $HECK $FIG #OFF - Biotech is fraught with peril, no doubt. Thank you for the kind words.
- indigo1948: $FIG - 28% move up on Softbank buyout news this morning.
- traderbren: @indigo1948 $FIG - yep, I almost took a position yesterday based on the volume, but didn't pull the trigger.
- indigo1948: @traderbren $FIG - I am with you - failed to enter - too slow.
- Forexpro: Re: $FIG Hi, Friends, "You're as good as your last trade"; Michael Novogratz, Chief Investment Officer for the Fortress Macro Fund and the Drawbridge Global Fund, is leaving the firm, and Fortress Macro (down 17.5 percent for the year, according to Bloomberg) is being closed. All the best!
- snmtraders: @Forexpro $JPM $BAC et al I think it ironic that the global FX head at C, Jeff Feig, wins the 2013 FX achievement award (whatever that is) and then leaves $C to co-head $FIG earlier this year as $C forks out $600 million in fines for his "fine" contribution. As for $BAC, they were big providers of the fixing rate for one of the biggest international west coast based fund managers. So, as you suggest, perhaps they used snapchat or some other evaporating means of communicating their info to avoid being part of this ongoing investigation. Somehow, it just doesn't smell right to me, though, and I would avoid $JPM and $BAC, but invest in the regionals, community banks, and credit card companies to maintain exposure to the financial sector. Thanks for the story. I always appreciate your insights!
- Tim S: EARNINGS BEFORE THE OPEN: $ALKS, $AMCX, $ANSS, $BBEP, $BBY, $BDBD, $CECO, $CHS, $CIE, $CNSL, $CQB, $CWH, $DANG, $DATE, $DYN, $EPL, $FIG, $FRO, $FWLT, $GCAP, $GTI, $HII, $IQNT, $IRDM, $ITC, $KSS, $LAMR, $LKQ, $LPI, $LTXC, $LXU, $MYL, $NRF, $NTI, $NTLS, $NXTM, $OCN, $PLL, $PQ, $RDC, $RTI, $SFY, $SNAK, $SRE, $SRPT, $TD, $VAC, $VRX, $WAC, $WEN, $WIN, $WNR, $WPX, YRCW
- Tim S: Notable earnings before Thursday's open $AAP, $ABC, $ABX, $ACOR, $ALKS, $ALU, $ANR, $ARRY, $AVP, $AYR, $AZN, $BEAM, $BGCP, $BLC, $BUD, $BYD, $CAH, $CI, $CLX, $COP, $COR, $COT, $CRR, $DGI, $DISCA, $EL, $EPD, $EPL, $FCH, $FIG, $GBX, $GTI, $GTLS, $HAR, $HGG, $HSH, $IDCC, $INCY, $IQNT, $IRDM, $IRM, $ITC, $ITT, $IVZ, $KEM, $LECO, $LIOX, $LKQ, $MA, $MGM, $MMP, $MOD, $MPC, $MPLX, $MSCI, $MYL, $NI, $NIHD, $NILE, $NMM, $NVO, $NYT, $O, $OCN, $OSK, $PDCE, $PNW, $PPL, $PRGO, $PRLB, $PWR, $Q, $RFP, $SCG, $SFY, $SHOO, $SMP, $SNAK, $SNE, $STRA, $TDC, $TE, $TEVA, $TWC, $VICL, $VPHM, $VRX, $WNR, $WWE, XOM
- hooked1: $FIG - Normally I'd buy this, but with all the talk about funds selling into mkt strength (http://www.zerohedge.com/contributed/2013-09-12/stocks-showing-multiple-signs-top), I'm having a hard time talking myself into buying.
- hooked1: Funnily, I was just marveling at $FIG in my long term accounts and wondering how much higher it's gonna go.
- russ1030: $FIG - @hooked1, Man,if that's not a warning sign,I don't know what is... ;o)
- hooked1: $FIG - Short term sell some, long term I think you'll see $10. It's still the where else ya gonna go trade.
- woodman: #Financials - beyond the ordinary ones discussed here, the asset managers have been doing well. I've been holding BLK. Others such as $BX, $FIG, $TROW are worth looking at.
- woodman: #Financials - another industry within the #financials that isn't talked about much here, but is doing well, is the asset managers, such as $BLK, $BX, $FIG, TROW.... I've been holding $BLK, fwiw.
- woodman: FIG/BX/BLK - Investment/asset managers are bouncing today at different points of their respective charts. $FIG is bouncing from the bottom BB; $BX from the middle BB; $BLK in the upper part of the BB range. I entered $FIG today.
- hooked1: $FIG BX $BLK OAK KKR- These have had quite a rise, but could still see much higher prices. Definitely worth reading up on. Check out the monthly chart on FIG. Buy a little, stick it in a suitcase, and throw it under the bed. $KKR is paying 14% div. I have to read up on that one.
- woodman: $FIG - set my price alert for $7.00.
- woodman: $FIG - Nice work on that move from low 3's to high 5's. I've been in $BLK but not all that long. I have no position in $FIG, but I want in. The long term chart shows a lot of potential if it decides to relive past glory. It looks like it's had a very long basing relative to higher prices long ago. The monthly chart's BBs are expanding as it moves higher. One year ago it reached 6.97. That may not even be relevant any more, but we are revisiting that price right now. So, on a move above $7.00, I'd likely buy some. On the other hand, if it moves back to the 20 day (which I just missed b/c it wasn't on my radar until hooked1 pointed it out to me) or even lower, I'd look to enter there.
- hooked1: $APO BX $KKR - I'm using the pullback to buy some of these. $FIG reports next week and I'll probably buy some.
- hooked1: $FIG BX $CF - My buys in case anyone is interested (CF took the MAY 185 call).
- fhsavidge: FIG--going higher--without me. Sold full position at 5.60. Torturous. @Dan mentioned in his video last night that you'd make money by having stocks that are in the upper right corner of the chart; letting them work for you. My difficulty is recog ...
- fhsavidge: PVA/FIG and Green@jdaniels--can I switch portfolios? The only green I have on my list are the two I sold yesterday, $FIG and PVA. A knife in the heart.
- fhsavidge: FIG--general question: At 52 week high, time to say bye? Or is that a sign of strength; and if so, what determines the strength and possible upward momentum? Just curious what others look for at this point. I've trimmed my position considerably in $FIG (and this question pertains to any stock, I just happen to own it at present) but have kept a small one out of fear of the SOB syndrome. A category I continue to fall into frequently. Oops, need to go. Happy trading.
- fhsavidge: Markets@bigbartabs--your eminence, think you that we'll get a follow through tomorrow morning, which would be day three and a sell off towards the close? Trimmed one position, $FIG on a nice B/O, but holding others until tomorrow, maybe longer. Hard to add now, so just sitting here and holding my positions. A day like this calls for Gentleman Jack instead of the usual swill. Cheers.
- fhsavidge: PVA/FIG@hackerman--both b/o's making me a tad nervous; but then I'm a nervous Nellie anyway. $PVA at least holding above 50ma, whereas $FIG trading right below. I've added to both so look out below--boy, that resolution to forsake self-effacing humor didn't last long. Happy trading.
- fhsavidge: PVA/FIG--yep, I gotcha. And it, my impulsiveness, gets me once again. I added earlier to $FIG, thinking at the time that I should wait until the close; why rush. But no, I got in at 4.35 earlier in the day, and it's dropping back down now to the upper BB's. A fake-out rather than b/o. God, how I hate "live and learn" at times. Ah well, happy trading.
- MultiMill: $FIG - @fhsavidge - I calculate the #squeeze at 4.78%, so you are close.
- Henry: $FIG It's been in a tight #squeeze for 18 days. I couldn't find an explanation for the wide ranging candle on 11/14. Fundamentally I know nothing. On a monthly chart it is moving sideways. Analysts say a lot of things. If they were correct we wouldn't have so many earnings surprises. I guess that's not much help. @Henry
- Henry: $FIG I looked harder, because it bugged me that there was no news, and still not much, Leon Cooperman bought some in an article that appeared that day. TC2000 will only let me see 15 min charts going back that far and my guess is it was another flash crash at the open. There have been 10,000 this year in individual stocks. Support is 4.08 - 4.12 ignoring that bar.
- fhsavidge: FIG@Henry--believe me, that "flash crash" gave me a few heart palpitations, to put it mildly. I looked and looked also for any news that day but found none. $FIG had better than expected earnings, and along with an analyst upgrade (Hilary Kramer (?) talked about it doubling months ago; but I have no idea who she is) it moved out of its 3-4 dollar range. Now just watching it go sideways, seemingly forever. Thanks again for you attention.
- fhsavidge: FIG--52 week high. Hallelujah! Fell with other "rebel angels" into the "fiery gulf of Hell" but is now seeing once again the "celestial light." Now removed from my "where Angels fear to tread" portfolio. In other words, it, along with a few others, was a catalyst that in 2011 hastened my membership into @Dan's world of prudent and risk averse trading. Still haven't graduated from my freshman year--still making mistakes but working on them with my psychiatrist--as I've been held back. But I'm getting there. And with $FIG I've been making money employing @Dan's techniques along the way. There is hope to become a sophomore soon. Oh, and fwiw, $FIG did get an upgrade today to outperform with a 7.50 price target. Guess that's what has the stock moving today. Happy trading.
- fhsavidge: Positions@MissMet--yep, $PVA, $FIG and NRF. $PVA is a small starter position, reports tomorrow after market. I don't expect anything good from their earnings. $FIG I've done well on, and have cut my position in half, reports before market. $NRF has also been a winner, and have cut my position also in half, and it reports Friday. $PVA and $FIG I'll have to live with regarding earnings, but if the market opens Wednesday, I might have another look at $NRF to do something before Friday. Though I'd hate to have another CTCT--got slaughtered on small position while I was away last week--all positions are relatively small. Good luck.
- fhsavidge: FIG--need help from "sigh of relief-itis." You know that feeling where you have a stock that for whatever bad reason you let slide into MissEllie's Roach Motel? Then you go into self-loathing for not implementing @Dan's stop strategy? And then it ...
- Jorma: $FIG - @fhsavidge, chart looks like it has recently made a lower low, but bounced off of 50d and now at a higher high. Financial stock, #financials have momentum, $FIG has RSI and stochastics rising, it is riding the upper BB, trend looks good. Then again, where Angels go, trouble follows! Good luck with the trade.
- fhsavidge: Markets@bigbartabs--in other words, take a break, go to @Pete's, dine and drink, then watch a movie at the Regal? I'm torn between two lovers: watching positions turn positive, with huge gaps up (SLB, $MDR, $AA, $KOG, BRCM...) and wanting to add, i.e., chasing; or watching losing positions soaring (BAC, $AKS, $FIG,), wondering when I should add also but fearing pullbacks, corrections, etc. One wacky market. Love the euphoria, just don't know how to handle it, sort of like my first love, if you know what I mean. Man, this morphine's still got hold of my consciousness--is the market really flying like it is, or am I in a dream from the sixties. Love the green though. Stop rambling now and concentrate....See you at Bistro 33 after the movie. Happy trading.
- fhsavidge: XCO@Goose--put in a limit order at 7.50, thinking it might hit; but it didn't. Already done enough damage for one day. Will look for your post in the weekend forum. $XCO intrigues me more and more. Done well with stocks under 10 lately--PVA, $KOG, $NRF, $CX, $FIG, $AKS, $BAC, and everyone's most talked about, HEK--and would like to continue that trend. All my 10 and over are only so so, or under. Have a great weekend.
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fhsavidge: ...
$AKAM, sold all at 39. Will look to be buy more if it drops at the end of day back into the 37 range. Why sell all @Henry? It was $AKAM and $FIG that sent me screaming to SMM for help last summer. Could no longer withstand the losses I was incur ... - fhsavidge: C/BAC/FIG--FWIW, three pre-SMM dogs that I've held, bought into, sold out of on my merry torturous path to financial ignominy, all haunting me daily for past sins and transgressions, and which may yet cause a sleepless night or two; well, they are al ...
- cmac: $FIG #financials are acting well. One of my favorites is $FIG which is up, continuing out of it vol sq. Volume trend nice & solid too.
- Golf77: $FIG chart looks really good earnings on May 5th. enjoy. Long
- RFrangie: $FIG - no wonder why it took him all night to figure out Germany naked short sale ban, $4.00 - $5.00 stock for 18mo
- karynyoung: $FIG Breakout. Stop at 4..
- fredsfreedom: $FIG - Breaking out
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taylor: ...
Earnings: Before - $BX, $DPS, $DYN, $FIG, $HNZ, $KSS, KG, $NEM, ; After - $FLR, $GPS, NOVL, $WYNN
Other: Durable Orders, Continuing Claims, Apple Shareholders Meeting, Buffett lunch, JPMorgan Chase Investors Day, Financial Industry Compensation He ... - icbusiness: $FIG Whistler Ski Resort (2010 Olympics home)up for sale (auction)- Owner Intrawest - heavy debt - Intrawest have many developments in $USA too - Intrawest owned by Fortress = $FIG
- pinkyr: $FIG You know how we've been taught there's no reward without risk? Well, $FIG and other funds have found a very profitable risk-free strategy, at least for them! FIG's chart doesn't look great, but riskless profit?? Of course, we don't know what else they may be doing. http://www.#cnbc.com/id/34098888
- lsinistaj: i own lots of $FIG what u guys think any ideas as when to bail or should i stick whith
- pinkyr: @lsinistaj/FIG/#YieldHogs $FIG doesn't pay any #dividend, though they did in the past. If they aren't going to share the spoils, maybe $BX is the way to go. They are probably doing the same mortgage deals Fortress is. There is a lot of money to be made after crashes, and surviving private funds are in the best position to profit. I didn't hold any hedge funds before because I like to know what a business is doing, but I bought some of both $FIG and $BX today. $BX should be paying on their 8% #dividend soon.
- lsinistaj: Does anyone have any idea about $FIG I own lots of shares
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HumanGeorge: ...
Keeping in mind that Barclays just slapped a $18.00 price target on $BX and $BX had a good Q2, it seems that the asset managers may be coming back into favor and $BX is showing potential. Don't forget about $FIG either.
I need some feedback on $B ... -
HumanGeorge: ...
So I've been watching $FIG and $BX for sometime now and I wanted to get some thoughts on starting a postion in $BX in the near-term. Here's what I've found so far:
The best time to buy would have been a few days ago when it tagged the 50dma and t ... - butticelt: BX: @jng369 - thanks for the heads up on this Friday, it and $FIG had fallen off my radar. Upgrades for both today. Taking partial profits at the open. Thanks again and have a great day! Kim
- CallaLilly: $RTK - brilliant. I've been wallowing, off and on, in my Catholic school guilt, torn between conviction and humility. It immediately reminds me of $FIG ... in under 2.50 out over 5.50 and it ran to 6.00 before its secondary and then fell under 3.00. Your analysis is very relevant, enough (almost) to make me not feel guilty for talking about it so much, lol. Stock movements are becoming dizzying. One of my biotechs with a September 2 FDA date dropped 1.00 in the premarket (ALTH) before it recovered by the end of the day. I'm ready for a dull stock at this point.
- HumanGeorge: $FIG & $BX Here is an investment thesis based on government action that may be profitable. The FDIC will be voting on Wednesday, 08/26/2009, to soften rules curbing Private Equity (PE) firms from investing in banks. The restrictions on PE will require higher Tier 1 capital (15%, which is 3x more vs traditional bank holdings) and PE will be prevented from selling those banks for 3 years. The goal of this legislation easing for PE is to get capital that exists in the system into where capital is needed, i.e. smaller banks. My thesis is that going into this legislation, PE firms like $FIG and $BX may get a boost in share price, although not evidenced by today's price action. Who thinks that if the FDIC rules in favor of allowing PE to invest in banks, we may see $FIG or $BX trade higher? Any thoughts or opinions are very welcomed...thank you
- phxpeh: $FIG - budding anaconda..14M shres, avg vol 3.2M...trailing stop on this one...
- strickland411: $FIG Just noticed that one before reading your post ... if the gap up at the open holds today, I'll be very interested
- CallaLilly: Random, maybe $MCD is actually a drawer stock. Barring a world-wide disaster, this stock is "safe" like $JNJ and a few others. A stop might knock you out accidentally, losing money in something that's usually bought for a longer hold. $MCD is showing how smart it is, from an awful burger place to what it's become now. I actually (I will not eat there, no) drive through for iced coffee because it's better than SBUX. Just hold and enjoy the divvie and the growth, I think. Just an opinion, of course. (from someone who was completely wrong on the new CEO of $FIG, groan groan groan).
- CallaLilly: Not around today a lot ... summertime Friday. Nice moves in $FIG and SKS. I wonder if it's just time, because things aren't totally chaos, to give stocks a hair more room. Wondering if anyone follows the game stocks like $GIGM (this is at 5.00?????) and has a feel for seasonality or things that don't show up in notes or charts. Thanks ...
- CallaLilly: FIGI (Fig's preferred, I think) also, not going to copy and paste content because I may have accidentally been the cause of yesterday's debacle - horrible; I've only copied content from theflyonthewall but not taking chances. Anyway. Fortress International (this is our little FIG?????????) received NASDAQ deficiency letter stating the board is no longer comprised of a majority of independent directors. This bothers me - a touch arrogant and a touch careless. Not sure if this means anything about the price of $FIG and its value. Just saying ...
- CallaLilly: $FIG - Someone asked about this and I know some of us trade it periodically. I really think this sums up the risk ... Investors and Fortress Investment Group: Proceed with caution, WSJ says Is it time to get back into Fortress Investment Group (FIG) or hold off? asks the Wall Street Journal's "Heard on the Street". It's stock fell over 95% less than two years after raising $729M in its 2007 IPO, and assets under management are down 20% to $26.5B. In May its share priced increased to $5 but then fell back to $3. Now its moving up again and a new CEO will be named. A key is how quickly it can raise new investment funds and hope to raise performance fees. There are other issues and it's a good time for investors to sit back.
- jegathai1: $FIG - Calla- @Daniel Mudd, Former chief of Fannie Mae to become Fortress CEO. Is this a good or bad for the stock? Any idea?
- CallaLilly: $FIG - I don't know enough to overlook my distaste for Mudd's management and background. $FIG is now simply a trading vehicle. Mudd's history indicates he's old school and I'd not want to sit across from him at a dinner table. He may be brilliant but ...
- CallaLilly: ntheway - Long only with a few things that I think are "too good" for this market (translation: they're down from where they "should be" and I may add more - not buy and hold but buy and let's see) $SKS, IPSU, $FIG (I know - believing in the might of vultures but at 3.00 it's cheaper than a movie ticket), $CHDX, and in and of CYOU. I'm over 80% cash. $DSX and $NM are tempting here but I'll wait a bit. Watching HGSI and XOMA. I think there's an incredible opportunity in biotechs because they're on to something - making people live longer, even though the stock can plunge faster than Superman.
- ntheway: Lilly- SKS-great move. Why hasn't these past 9 days been in the forum? Hope you got a lot. Do you know what is behind this run up when everything else is tanking? $FIG down to 2.85. I've had my eye on that too. Just wonder if it will go much further down. Is there a way to know what this stock is worth? Fundys? Thanks
- CallaLilly: ntheway - $FIG could certainly go down a lot more - this article reinforced my belief that it's a good value - "Fortress Investments Group's (FIG) five principals believe that it will once again be a safe refuge. On May 20, Chairman and CEO @Wesley ...
- CallaLilly: $FIG - 40% off from secondary on no news.
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rmacgurn: ...
2. restarted with some stocks I got from @DAN and Members here, did so/so made a little of Yhoo, $AFFX, AC but lost much more on PCX, $CDE, COIN, $FIG and a few ohter.
3. today down 2% and hit 6 stops 2 with some profit, and 4 under water...after ... - CallaLilly: PCX - No answer. The same (horrible) thing happened to $FIG and it's trading well below its 5.00 secondary. I am so frustrated, not getting when a secondary is good or really, really bad. Actually, I think this whacked $MGM - the secondary at 7.00 and it's below that as well.
- eaone: $FIG -- breakING out ? watching FIG? I notice the #squeeze in the chart and today's volume is pretty high. it is now around 20ma. should I wait for one more day to confirm?
- DarceMaster: @eaone (FIG) I've been holding $FIG for awhile now. My sense is there's no breakout here. Having had some experience with this stock, I wouldn't buy here. If it rises above the 20 and closes above it, that would be a good sign, but $FIG is languishing now. Plus it still has the 200 directly overhead and it's failed on a couple of occasions to hold above or even get above it. My 2 cents.
- DarceMaster: $FIG support is at $3.72
- CallaLilly: $FIG - love the company a lot, starting to not care for the stock. Just this second stopped out at 3.88 because I don't understand what's up. I want to own it for the company, not the stock performance. I probably stopped out too early.
- strickland411: $FIG - I traded this one last month when it was hot, but got stopped out of it on the way back down at $4.50 The chart looks like the support is right at about $3.90 (both 50 and 200 DMA) so I reopened a position at $3.90. I'll keep a tight stop, though.
- CallaLilly: $FIG (so much easier to follow the threads when the name of the stock is first)....do you believe it - stopped out at 3.89 and just bought a piece at 3.90. So frustrating ....
- strickland411: $FIG - hit my stop. I'm out.
- CallaLilly: $AXL - @jegathai1 ... I think it's safer to have a stop at the low of the day when you have a runner that's got volume on a down day. I'd leave gtc order at 4.25 or so and get back in, setting a stop at 3.81, one cent above the low. Curious how other people do this. I got stopped on $FIG, miserable stock, and bought back a few minutes later at my stop price. Tough to handle on a day like today.
- jegathai1: FIG-CallaLilly. Is $FIG still a play?
- CallaLilly: $FIG - @jegathai1 - I've been wrong on this for a while. I'm back in baby sized while I wait for one of those clues to drop on me for going in deeply. I think it's not pretty now but if/when good news comes, it's got to rocket. But I am tired of being wrong on this one for trading.
- CallaLilly: $MGM - maybe it's got the same issues (bad pun) that $FIG has and so many others. The secondary was at 7.00 and the stock is slowed by this. I know good things about $MGM and yet I'm probably wrong. I do not get these secondaries.
- Bob: $FIG ... LOL! No, it doesn't "got to" and someone should be screaming that by now but we are all so polite and PC. :) The stock has been saying ouch for quite a while. NOT suggesting how or what to trade but until the price and volume indicate something significant, and I'm not talking about a .27 retailers guessing/hoping bid up, if you are trading this one, take a good look at why. This is not a hot tip ... I hope it's mentoring. http://tr.im/o4BY And yes, someday it may well switch directions and everyone can point at me and say "told you so!" and that will be okay too. :)
- jegathai1: $FIG - @Bob. I am not very good at charts. Thanks for your help. I was stopped out of AXL. Do you see another entry at this level.
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Bob: ...
$FIG and $AXL are two entirely different stocks. $AXL sector is hot and so is the stock. On a daily chart, I'd stay away looking for a pullback to something... maybe the upper BB band or the 10day moving average...it just depends on what the stock ... - maspag: FIG: Thinking of adding to my position here since it did not break the 50ema of $3.89. I listened to an interesting video on the street.com (6/7/09) whereby an analyst said that $FIG was a candidate to be taken private since the market was not fairly valuing it. Then again he said that if the management chose to take it public that this could open it up to hostile takeover bids. This last point was a major detriment to not taking a company private. Blackrock was another company he thought could be taken private. Just talking aloud trying to get a feel for whether to buy more. The S&P is a bit high, treasury auctions this week,... Any ideas? Thanks!
- SteveC: $FIG - one of the things I'm learning here is to trade based on what "is" and not what "should" or "could" be. I'm trying to divorce my emotions/pride from my trading. Looking at $FIG, i see a chart set up for a short; lower lows and lower highs and poor accumulation, low OBV. And, there is no real history of the 200 providing solid support. Thats just what i see.
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aliabassi1: ...
for those who are curious about my experiment, I am down -4% on $FIG but a paper loss. I am looking for stocks that will move 10-15% mainly small caps, I still think $FIG has room to go up so the paper loss doesn't bother me but I do not like the we ... -
DarceMaster: ali, here's the way I look at $FIG http://tr.im/n84a (stockcharts link). It's in an upward trending channel. It's just that the channel is very wide. Buy at the bottom and sell at the top on this one.
Take a look at these other asset management ... - tmartin368: Hi All, I've tried to throw this one at the wall for some input recently with no luck (apologies if its been covered and I've missed it) $BAC - thoughts? TIGHT vol #squeeze. support? resistance? I know @Dan is reserved on financial's right now... ALSO - $FIG - looking to double down as well, have an order in at 3.85? thoughts? too low? Thanks, as always.
- aliabassi1: Hey guys I sold my $KMX at $13 today, sold $FIG at 4.39 bought $NUVA @ 40.45 Got an upgrade from Needham to BUY with a target of $50 ... it scared the shorts ... volume is above average ... 12 days to cover ( I think there is about 9 days left in it) I put an limit order to sell at $55 if it sells on a #squeeze it will surprise me but I will love it. + it is having a volatility expansion
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sleepyf18: ...
As for $FIG, if you draw a trend line through the lows of March, mid-late April, and late May, we are right at support except for the short violation of that trendline during April expiration. I think your order at 3.85 might be a bit low, as for ... - strickland411: $TRN - someone mentioned they are watching this ... I rode this down quite a ways in the fall, and made a chunk of that back this spring. I love the way this chart looks right now. - great consolidation and tightening Bollinger bands. It actually does not look like a bad entry point right now, low downside risk. $FIG - creeping upward slowly ...
- aliabassi1: Sweet my $KMX short #squeeze is playing out perfectly :) @DAN on days like this if I am holding a stock that is in the red is it time to sell?? $FIG our what you call Figgy is showing some weakness.. It has not hit my stop loss area and they just released bullish news about growing their assets but the stock isn't responding bullishly??? Is this an obvious red flag????
- CallaLilly: $FIG - I'm thinking it's moved very nicely in the last couple of days, caught somewhere between the bullish Joe Terranova and the bearish head-shaking of @Jim #Cramer. The thing is probably a great trading vehicle at this point although I'm gritting my teeth trying to have at least one thing I totally believe in for longer. I do believe that the directors of this company are total sharks and will just vulture their way into incredible returns because that's what they do.
- CallaLilly: PCX - and here I thought my today's entry on this non-participator was excellent at 9.31. Not sure what to do about a stop - I'd like to give it a little room but that miserable $FIG is making me anxious. So PCX is likely to go way down again? Arggh.
- DarceMaster: #Financials were weak today. $FIG just came back to give you an entry. I added to my position today...doubled it. It might actually come down a bit more tomorrow. As long as it doesn't significantly break below $4, you're okay.
- CallaLilly: $DRYS ... @George, sweet talking @George, is on conference tomorrow morning. $DRYS seems quite bullish as do the rest in this sector. Like $FIG, is there any point in even trying to establish support/resistance since the third dilution? If tomorrow's looking green in the futures, I'd think the dry shippers have more room to run. Tough - almost all have had surprise secondaries.
- CallaLilly: @Bob. Good morning to you. @George is at least colorful ... if it goes well, and we know it will, we can sip a little ouzo and listen to a little Abba (Mamma Mia). The market is quite loving at the moment - look at the $FIG warmth.
- BrianC400: Maybe it's just me, but when I see a stock like $FIG getting so much attention on a forum I get worried.
- CallaLilly: $FIG - Well, is this a break-out? Time to buy (more)? So confused with this one. Thanks.
- aliabassi1: P.S I sold my $FIG holdings because of weakness but they came out with pretty bullish news today I might get back in depending on how the market reacts
Stock Price | $56.30 |
Change | 10.26% |
Volume | 12,201,800 |
Fortress Investment Group, LLC operates as a global alternative asset manager, which raises, invests and manages private equity funds and hedge funds.
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Past Month
Leading Peers
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$27.98 8.15%
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$5.52 7.72%
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$14.11 7.66%
Past Month
Lagging Peers
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$56.30 -37.33%
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$23.60 -14.89%
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$71.90 -8.18%

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