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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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!

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.

iDealMeat's picture



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..



Pladizow's picture

FTP - Fiat Toilet Paper!

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!"

fourchan's picture

what does ftp get paid in?

Pinto Currency's picture


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


slewie the pi-rat's picture

anti-tilson has been eclipsed by another zH creation


Divine Wind's picture

When paper is outlawed,

Only outlaws will have paper.

smlbizman's picture

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

SeattleBruce's picture

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

slaughterer's picture

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

fonzannoon's picture

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

slaughterer's picture

Beers will be served all around today.   

New_Meat's picture

How true!

"Four legs good, two legs bad."

- Ned

battle axe's picture

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

Pladizow's picture

Or fish oil, its main ingredient!

Overfed's picture

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

Pladizow's picture

The post caught you, so....

Godisanhftbot's picture

48,586,180,011% annualized


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

rumblefish's picture

an who makes FRN paper?

Jonas Parker's picture

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

JohnG's picture

And they are a private co.  Dammit.

New_Meat's picture

Bob Kraft gonna' get RICH! - Ned

Satan's picture

So many people here smarter than me.

Village Smithy's picture

You're here so you must be pretty smart.

djsmps's picture

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

francis_sawyer's picture

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

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?

BLACK_DOG's picture

Only $104 million USD! One of four.

surf0766's picture

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

Infinite QE's picture

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

surf0766's picture

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

Doug_Canada's picture

So the hedge for fire is sales of water hoses?

carbonmutant's picture

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

francis_sawyer's picture



Insert acronymns below...

insanelysane's picture

To Stop eXits : Fireup Turbo Printers

I only kill chickens and wheat's picture

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

Coast Watcher's picture

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

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!

slaughterer's picture

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

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!

Sudden Debt's picture

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

robertocarlos's picture

It looks like the DOW lost 580 points today.

junkyardjack's picture

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

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.