Fortitude Group, Inc. (FRTD)

[justasupporter]

The following issues, besides others (= www.affinityblackcard.com), are driving the share price up.


1. Share buy back of up to 250 million or 27% of the outstanding common shares.

2. VaporVites expansion to 70 dispensaries within the next quarter.


Those two points are dynamite. In case they really can sell the targeted 250'000 VaporVites before end of 2014 it means a profit of $15 million. Once the share buy back is completed the outstanding shares will be just 400 million. Put the numbers together and you will realize that the share price only can go north. The numbers mean 4 cents profit per share. With a very moderate P/E of just 20x the share should then trade at 75 cents.


When I do the math with a P/E of 40x it's a $1.50 per share. Any questions my dear shorts ? Long and strong. Long and strong is the only way.