Fortress Investment Group LLC (FIG)

[Exponential]

$FIG:

11 November 2013:
Invests $20million in Bitcoin.
"More and more people are getting involved…. There is a fixed supply… prices are going higher…. Inning 3 of a 9 inning game…"
http://blogs.marketwatch.com/thetell/2013/11/11/fortresss-novogratz-says-bitcoin-is-in-inning-3-of-a-9-inning-game/

27 February 2014:
Earnings beats estimates.
The company reported $0.49 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.20 by $0.29. The company had revenue of $566.00 million for the quarter, compared to the consensus estimate of $256.13 million
http://tickerreport.com/banking-finance/168772/insider-selling-fortress-investment-group-ceo-unloads-720000-shares-of-stock-fig/

13 March 2014
Possible buyout of Penn Gaming
Looks to be a deal on the horizon between Penn Gaming and Fortress Investment Group.
http://www.fool.com/investing/general/2014/03/13/penn-national-gaming-is-a-likely-takeover-target.aspx?source=itxsitmot0000001&lidx=4

19 March 2014
Fortress invests in Pantera Bitcoin partnership.
Doubling down on their Bitcoin bet from 2013.
http://www.foxbusiness.com/investing/2014/03/19/hedge-fund-giant-fortress-doubles-down-on-bitcoin/?

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