Club Mulgoa

Monday, August 01, 2016

PEP FLN

Two of my biggest 2016 purchases (other than SPPs) were FLN and PEP.   As happens frequently, it went into a doldrum for a few months, and then for a strange reason beyond my understanding, both turned up at around the same time.  These are online-based companies with increasing profit so I bought into them, not heeding Warren Buffett's advice that it is important to understand their business.  I only understand profit...

1 Comments:

Blogger Club Mulgoa said...

I have no idea why but over the last week, this stock has been rising. It fell after I bought for a few weeks... Now it is up 17%.

In the meantime, FLN has gone positive on me too even on a bad day for finance stocks.

6:44 AM  

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