I took up a position in API a while back @ $0.68 with the intention of making a quick profit, however the more I research and analyse this stock the better the long term fundamentals look. Seeing how it had the ability to trade at $4 pre GFC is making this mid teens base line looking like a good launching pad back to new highs, I think the best is yet to come. I decided to split my original investment with API, half API v SIP. So far API is a mile ahead, that said SIP & API are yet to experience increase in expected profits due to baby boomers hitting the stands. I think a long term play is panning out here, I'll take my position to full balls deep this week. I think with the gigantic risks facing the commodities, there will be mega dollars flowing into the health sector once all the sheep wake up to themselves.
API Price at posting:
88.0¢ Sentiment: Buy Disclosure: Held