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European Collapse Hedge Return: +25% In One Day; 48,586,180,011% Annualized

Tyler Durden's picture





 

On Friday afternoon Zero Hedge brought the world's attention to a press release from a little-known company, that virtually nobody caught, one issued by Canadian company called Fortress Paper, which announced that "its wholly-owned subsidiary, Landqart AG, a leading manufacturer of banknote and security papers, has had a material banknote order reinstated. This order was unexpectedly suspended in the fourth quarter of 2011 which negatively impacted the financial results of Landqart's operations in the first half of 2012." Our simple conclusion was that "if the chart of De La Rue is any indication of how banknote printers respond to potential European disintegration, it just may be that the best hedge to a VIX soaring to 80, aka "disorderly Grexit" as explained earlier by Citi, just may be TSX:FTP." Below is the chart of TSX:FTP since our 1pm on Friday. The stock is up 25% since our post, and roughly 48,586,180,011% annualized based on today's action alone. Not a bad hedge to a "disorderly Grexit."

And yes, even based on simple chart mumbo jumbo, this stock has may have a long, long way to go.

 


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Mon, 06/11/2012 - 15:26 | Link to Comment Mugatu
Mugatu's picture

Europe can mess up anything. By treating Spain differently they have created a huge mess.

"All PIIGS are created equal - but some are more equal than others!"

 Maybe Orwell should have been a Euro Planner!

Mon, 06/11/2012 - 15:34 | Link to Comment Leopold B. Scotch
Leopold B. Scotch's picture

Be careful.  Pretty soon they'll outlaw paper, and it'll all be plastic / digital.  All the more to eat you with... I mean, capital control you with.

Mon, 06/11/2012 - 15:39 | Link to Comment iDealMeat
iDealMeat's picture

Yup..

 

Anyone know the thread type / component mix of paper in the D-Mark?  Drachma? Euro?

I suspect there wasn't enough time to update and change it..  Find that out, and that will tell you what they're printing..

 

 

Mon, 06/11/2012 - 15:49 | Link to Comment Pladizow
Pladizow's picture

FTP - Fiat Toilet Paper!

Mon, 06/11/2012 - 15:52 | Link to Comment notbot
notbot's picture

Hope that bank note contract stipulates payment in gold.  "Sure, sure, I'll pay whatever you want...just print me these drachma!"

Mon, 06/11/2012 - 21:54 | Link to Comment fourchan
fourchan's picture

what does ftp get paid in?

Mon, 06/11/2012 - 18:43 | Link to Comment Pinto Currency
Pinto Currency's picture

 

I guess buggy whip manufacturers had their last mo-mo trade days as well.

 

Mon, 06/11/2012 - 15:55 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

anti-tilson has been eclipsed by another zH creation

 

Mon, 06/11/2012 - 15:43 | Link to Comment Divine Wind
Divine Wind's picture

When paper is outlawed,

Only outlaws will have paper.

Mon, 06/11/2012 - 15:46 | Link to Comment Pladizow
Pladizow's picture

Like the CIA?

Mon, 06/11/2012 - 16:20 | Link to Comment smlbizman
smlbizman's picture

yep, dunder mifflin and 15 jobs gone....

Mon, 06/11/2012 - 18:18 | Link to Comment SeattleBruce
SeattleBruce's picture

There's always beet farm resorts...;)

Mon, 06/11/2012 - 15:40 | Link to Comment slaughterer
slaughterer's picture

Word is: something perfectly awful being announced in AH today.  Last call for shorts.   

Mon, 06/11/2012 - 15:41 | Link to Comment fonzannoon
fonzannoon's picture

Hey slaughterer I remember you saying your HF was triple short going into Friday's close. Beers on you later.

Mon, 06/11/2012 - 16:06 | Link to Comment slaughterer
slaughterer's picture

Beers will be served all around today.   

Mon, 06/11/2012 - 16:02 | Link to Comment New_Meat
New_Meat's picture

How true!

"Four legs good, two legs bad."

- Ned

Mon, 06/11/2012 - 15:25 | Link to Comment battle axe
battle axe's picture

The printing  machines are warmed up, full speed ahead!!!!

Mon, 06/11/2012 - 15:38 | Link to Comment Sudden Debt
Sudden Debt's picture

.... GO LONG WD40

Mon, 06/11/2012 - 15:57 | Link to Comment Pladizow
Pladizow's picture

Or fish oil, its main ingredient!

Mon, 06/11/2012 - 16:54 | Link to Comment Overfed
Overfed's picture

There's no fish oil in WD-40. Petroleum distillates.

Mon, 06/11/2012 - 16:58 | Link to Comment Pladizow
Pladizow's picture

The post caught you, so....

Mon, 06/11/2012 - 15:26 | Link to Comment Godisanhftbot
Godisanhftbot's picture

48,586,180,011% annualized

 

You missed your calling, the pink sheets are just waiting for ya.

Mon, 06/11/2012 - 15:28 | Link to Comment rumblefish
rumblefish's picture

an who makes FRN paper?

Mon, 06/11/2012 - 15:32 | Link to Comment Jonas Parker
Jonas Parker's picture

Here in the US it's made by Crane and Strathmore.

Mon, 06/11/2012 - 15:42 | Link to Comment JohnG
JohnG's picture

And they are a private co.  Dammit.

Mon, 06/11/2012 - 16:03 | Link to Comment New_Meat
New_Meat's picture

Bob Kraft gonna' get RICH! - Ned

Mon, 06/11/2012 - 15:29 | Link to Comment Satan
Satan's picture

So many people here smarter than me.

Mon, 06/11/2012 - 15:44 | Link to Comment Village Smithy
Village Smithy's picture

You're here so you must be pretty smart.

Mon, 06/11/2012 - 15:29 | Link to Comment djsmps
djsmps's picture

Off topic, but a drone has crashed in Maryland. Will this be the first of many?

Mon, 06/11/2012 - 15:33 | Link to Comment francis_sawyer
francis_sawyer's picture

 "drone crashed in MD" just means that Martin O'Malley is taking a nap...

Mon, 06/11/2012 - 16:28 | Link to Comment ZerOhead
ZerOhead's picture

Gauging by the size of the debris field it looks like it may have been armed... hmmm... how is that navy funding bill going?

http://www.cnn.com/2012/06/11/us/maryland-drone-crash/index.html

Mon, 06/11/2012 - 17:24 | Link to Comment BLACK_DOG
BLACK_DOG's picture

Only $104 million USD! One of four.

Mon, 06/11/2012 - 15:31 | Link to Comment surf0766
surf0766's picture

Robo? Where are you???????????????????????????????????????????????????????

Mon, 06/11/2012 - 16:03 | Link to Comment Infinite QE
Infinite QE's picture

Picking up his commission check from IBD for shilling their pump-n-dump mo mo stocks.

Mon, 06/11/2012 - 16:38 | Link to Comment surf0766
surf0766's picture

Yeap stocks down,oil down and gold up. He was wrong on all 3...

Mon, 06/11/2012 - 15:31 | Link to Comment Doug_Canada
Doug_Canada's picture

So the hedge for fire is sales of water hoses?

Mon, 06/11/2012 - 15:32 | Link to Comment carbonmutant
carbonmutant's picture

Well we're obviously going to need more paper...

Mon, 06/11/2012 - 15:32 | Link to Comment francis_sawyer
francis_sawyer's picture

 TSX:FTP

~~~

Insert acronymns below...

Mon, 06/11/2012 - 15:37 | Link to Comment insanelysane
insanelysane's picture

To Stop eXits : Fireup Turbo Printers

Mon, 06/11/2012 - 15:48 | Link to Comment robertocarlos
robertocarlos's picture

Flash to pass.

Mon, 06/11/2012 - 16:03 | Link to Comment I only kill chi...
I only kill chickens and wheat's picture

What publicly traded co. makes Tear Gas, Masks, and Non Lethal ammo. I'm searching now.

Mon, 06/11/2012 - 19:35 | Link to Comment Coast Watcher
Coast Watcher's picture

Who wants NON-lethal ammo? The real thing may be in short supply soon.

Mon, 06/11/2012 - 15:34 | Link to Comment disabledvet
disabledvet's picture

what would a US based "risk indicator" soar on "news from Europe"? and of course "it wouldn't." Fraud by another name sheeple. Move along!

Mon, 06/11/2012 - 15:35 | Link to Comment slaughterer
slaughterer's picture

Tyler outperforms Einhorn's entire year in a few days of Tyler work....  

Mon, 06/11/2012 - 15:38 | Link to Comment New England Patriot
New England Patriot's picture

Did you know that disco record sales were up 400% for the year ending 1976? If these trends continue.....Ayyy!

Mon, 06/11/2012 - 15:53 | Link to Comment robertocarlos
robertocarlos's picture

I love Staying Alive.

Mon, 06/11/2012 - 15:43 | Link to Comment Sudden Debt
Sudden Debt's picture

I feel like shorting it when it does it again tomorrow...

Mon, 06/11/2012 - 15:44 | Link to Comment robertocarlos
robertocarlos's picture

It looks like the DOW lost 580 points today.

Mon, 06/11/2012 - 15:49 | Link to Comment junkyardjack
junkyardjack's picture

/ES rode quite the rollercoaster today.  Markets are fine though....

Mon, 06/11/2012 - 15:45 | Link to Comment Alpo for Granny
Alpo for Granny's picture

Looks like Dimon's crew needs to start reading Zerohedge to learn how to hedge.

And if they do.. Fuck you Dimon and fuck you JPM.

Mon, 06/11/2012 - 15:45 | Link to Comment Bam_Man
Bam_Man's picture

Who makes the ink?

Mon, 06/11/2012 - 15:48 | Link to Comment junkyardjack
junkyardjack's picture

Haha, silly investors.  No one prints electronic currency...

Mon, 06/11/2012 - 16:18 | Link to Comment falak pema
falak pema's picture

A roller coaster makes huge profits on the highs that it never really cashes in on as it goes down the next dip. The irony of a roller coaster is that it never makes a plus; it just gives the illusion, the best it does is get you back to square one. Living on a roller coaster is a life where your illusion is the spice, we are Disney's childs and we never leave never-never land; sold on it hook, line and sinkered. There are wars, there are bores and there are casino whores. Life is for all types. Mine wore ties to funerals and open collars to the corporate firing squad. On a roller coaster it would lose its shirt and more. It preferred the merry go round of wooden horse play ground. Innocence has no price tab as its price cannot be quantified; only once its lost, then its mundane run of mill brine, where we dream of true, pure wine.

Mon, 06/11/2012 - 20:31 | Link to Comment Acorn10012
Acorn10012's picture

+1

What's this about casino whores?

Mon, 06/11/2012 - 16:24 | Link to Comment bnbdnb
bnbdnb's picture

Zerohedge effect.

Mon, 06/11/2012 - 17:49 | Link to Comment nmewn
nmewn's picture

Looking good, Billy Ray!
Feeling good, Louis!

Mon, 06/11/2012 - 21:03 | Link to Comment q99x2
q99x2's picture

They sure do know how to make ZH'ers a lot of money.

Mon, 06/11/2012 - 21:29 | Link to Comment MSimon
MSimon's picture

Coumpounded the return is 2.36E35 - more money than there is in the world even if you started with just $1. Even with just one penny. Or one mil (thousandth of a cent).

Mon, 06/11/2012 - 22:06 | Link to Comment Tapeworm
Tapeworm's picture

mil is 1/10 of one cent, 1/1000 dollar.

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