Very bad news over the weekend with the virus spreading heavily outside of China. Even as I type this post there’s 166 additional cases confirmed in Italy which pushes the number past 600 and shows clearly the virus has not been contained. Demand for sanitary products will soon be across the globe. I don’t like seeing this at all but I purchased FOD and another sanitizer based company for this reason. I didn’t expect the virus to be contained and I expected these type of stocks that help in cleanliness against germs etc to do well over the coming months. They all dipped on Friday due to your standard sell down of day traders over the weekend but they are all going to gap up hard on Monday. Will be interesting to see how The week plays out.
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- Ann: FOD receives first order for $2 million of hand sanitiser
Ann: FOD receives first order for $2 million of hand sanitiser, page-155
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