RE: took a position13 Nov 2020 08:54
Samroy - you might be lucky enough to catch a bit of a spike and make a bit of money here - but - ignore FK1 at you peril. I learned that the hard way.
I was in FLX for a very long time and I was a strong believer in the potential. Over the years, I got drawn in by hope and optimism and bought more and more shares until I had a very substantial holding - quite a few million - and bought at much higher prices than today's sp, so, as you can see, I invested a lot of money in FLX.
The sp kept going down (see the long term chart), but I still had hope. FK was constantly giving warnings. I used to argue with him pointing out all the positives.
As the years went by, I realised that he was always right. I was a fool for taking so long to realise. I sold my entire holding at a loss - but I got out at a higher price than they are today.
If I thought there was money to be made in FLX, I would buy back in - but I wouldn't buy until FK1 advised that it was safe to do so.
So good luck to you - but, in my opinion - don't buy until FK1 advises that it is the time to buy. His price forecasts have been right, right, right all the way down.
! re-posted because the last time, it was swamped by the drivel posts from the scumbags.