Get the most out of your trading or investment dollar OTC:FLKI
Good volume and volatility for traders provides the classic buy signal for investors looking to the next move and huge profit potential for traders with shorter attention spans
For months now, I’ve put the focus on Falken Industries Ltd OTC : FLKI as the way to get the most out of your trading or investment dollar. While I’m of the old school of fundamentals, albeit justified as I have been an analyst for the Automobile After-Market Industry for 25 years, I’ve called it right before and I’ve called it right again. FLKI shot up 896% was listed as the number one amongst the best performing stock on CNN Money and battered by profit takers has come down to build a very solid base between 20 and 30 cents - closing near 40 cents of late.
This back and forth going nowhere, but providing good volume and volatility for traders provides the classic buy signal for investors looking to the next move past 50 cents and huge profit potential for traders with shorter attention spans.
Noteworthy though is that even in the low twenties, the stock is up near 500% at its new and confirmed base. I see nothing but good news in the future both on fundamentals and technical reviews.
FLKI is a serious contender in a billion market. Google FLKI and you’ll see why. It’s euro based operations is another plus, your buy in US dollars is like picking up a 50% premium on currency rates, at the onset.
While the market and the economy has not embraced the industry, FLKI is unique, different, and is stocked up with award winning brand and product concepts which may explain the recent interest of at least two Fortune 500 companies, and ongoing discussions with companies well known to all of us and message boards whose extraordinary success in the market is hardly justified by their precarious commercial positions – product and customer shorts - and who would find comfort in exploiting FLKI’s more than 150 product concepts and solid production and logistics. In fact I predict just such a deal with a well known player, and a massive implantation of FLKI product concepts - including that of the Clean Plus© Product Group its best known conception. Oh, did I mention that the investment banking community is quite obviously renewing its love affair with this company?
I have no present recollection of the last time I saw a stock with this much potential for an upward move, trading at incredibly low levels. I think the investors and traders will discover this one real soon, exponentially pushing the price up in a hurry.
The opportunity FLKI investors could tap through the company's extensive research and development facilities isn't a small one either. The Automobile After-Market market is worth about $7 billion each year. Even a small piece of that could generate huge rewards for FLKI shareholders; the company's present market cap is only about $15 million, so a small investment gives you a big piece in the company's success.
The continued development of award winning technology and product conceptions is key. FLKI recently developed for The Clean Plus© Product Group a product targeting today’s pandemic concerning the Swine Flu. It also developed a product targeting military and civil defense disinfection and cleansing - Google FLKI.
As with any product development effort, speed to market is of the utmost importance. FLKI research, brand and product development is supported by some 380 distribution platforms globally. That's just the way it is...
With that being said, I've got one final points to make. We all know how these things work - a huge portion of a stock's gains come before you’ve made your first cent.
I have reams of lists of stocks that have rallied from pennies to $7.00 and more over a few short years and this before the company’s swing to any profit. That's not to say FLKI is the next one on the list. It might be - I just don't know. All I'm saying is with FLKI, if you're not out in front, then you're automatically behind.
You know it, timing is everything.
Like almost all stocks, FLKI suffered the bear market by tumbling for a high of 78 cents. This performance was not unlike the rest of the market. The drop stopped a couple months ago when it rallied 896% to 50 cents. Now FLKI is range-bound between the low 20 cents and 40 cents.
As we all know, the longer FLKI can trade in a range, the stronger the breakout is likely to be once it occurs. And, given the success of its product concepts and euphoria of its distribution network, I firmly believe it's more a matter of 'when' rather than 'if' for FLKI.
The press releases, coupled to my intimate knowledge of the industry of this company that I have followed since 1997 comfort me in saying this suggest that we are at the beginning of a string of news that increases in importance as each announcement is posted.
To be certain, I’d rather grab my share of the company at its wavering range of between 20 and 35 cents than chase it when the stock blows out on news.
So, what should you do - any entry under $0.40 cents is fine, though something under $0.35 cents would be my target. The next resistance level of any consequence is 73 cents.
Falken Industries Ltd OTC : FLKI is a diversified industrial conglomerate that operates in Chemicals, Wet Wipe and Biodegradable Technology. Falken Industries Ltd is the concept behind more than 160 products distributed through a network of global platforms and the recipient of trade awards for innovations, biodegradability and environmental and health quality standards.
Distributors interested in learning more about the Clean Plus© Product Group’s capabilities should visit www.cleanplus.com