Falken Industries Ltd (FLKI) is a STRONG BUY FLKI isn’t a climb and crash and therefor is not the babe of day traders. Recapping and reiterating, this is a stock, that has returned its cycle traders (that includes me) 117% so far this year. It will keep doing so if history is our guide (I think the stock will end the year in the upper teens). Buy it, as I will, but think of it as being in it for months. Even though the stock delivered a great return so far this year, it has a great deal more to go because this is a company that has a lot going on.
This is one that likely fits a "buy and hold strategy." Of course - do your own due diligence.
What I like:
Existing businesses:
- bio-degradable biotech chemical & wipe industry – see www.falkenltd.com
- Diversity, consumer, professional and industrial Solutions – see www.cleanplus.com
Areas of Expansion Announced and Being Implemented:
- R&D everywhere and all the time – Google “OTC : FLKI” (without the quotes)
- Diversity in a Global Marketplace – recent Russian news a plus.
It is critical to have a business that has operations, income, revenue and a company that has a growth strategy. You have that here – FLKI.