For many weeks now, I've been focused on Falken Industries Ltd OTC : FLKI as a way to get the highest return for an investment or trading dollar. And, it's been an undeniable success... FLKI is up about 666% from the entry point for many investors, and shot up 896% to make CNN Money's number 1 "Best Performing Stock" list before giving up about half its gain to short term traders who have been having a heyday given the stock's high volatility and yet stable bid and ask trading the stock heavy in the mid 20 cents. The stock closed at last sight at 32 cents.
I maintain my position that the stock will best its major resistance level of 73 cents this year. Given the strong fundamentals, new product development, and extraordinary success of its brand concepts, it's just a short matter of time before things explode to the upside. Fundamentally the company is worth in my view at least $ 4-5 dollars a share on a valuation basis. With a present market cap of about $ 25 million, buying FLKI is a very cheap way indeed to get in to this multi-billion dollar market.
While there is nothing to dislike about FLKI's fundamentals for the intermediate term investor, FLKI is providing short term traders with a paradise. Taking the golden rule of 120% of the highest bid, the target entry point for a short term trader should be 24 cents. Everyone should put 5-10.000 shares in their portfolios.
The stock is swinging back and forth and just readying itself for a bust out to its last point, the 50 cent level.
Let's not mince words here - FLKI is a star of its industry, sitting atop a 7 billion dollar market with a catalogue of more than 160 product conceptions and more awards for innovation than could fit in a large barn. Its products concepts are distributed worldwide through a network of more than 380 distributors. But that's not the point : FLKI product conceptions will very soon be available throughout the United States and Canada.
FLKI research and development is the envy of competitors - and I should know, I have been an Industry Analyst for 25 years and have followed FLKI since its beginning in 1997. It plays a leadership role in the development of chemical and wet wipe solutions for the consumer, professional and industrial environment. Its products have found their way in the military and civil defense, and, for example its most recent technology addresses Swine Flu prevention.
The opportunity FLKI investors can tap isn't limited to that either. The company primary revenue stream is in the Euro. With predictions for the dollar to crash - the press is full of it - the purchase of FLKI common stock represents a major hedge against a drop in the dollar at the least, and an immediate 50% profit at inception based on the current exchange rate.
Author Resource:-
John David is one of the nation's most respected expert analysts on the Automobile After-Market Industry. He holds appointments as a covering analyst with some of the world's largest players. He also conducts a private practice as a consultant in capital raises, mergers and acquisitions for small to medium size manufacturers in the consumer, professional and industrial chemical, wipe, wet wipe and car and vehicular care industries.
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.
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