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Drach bought FNLC in his NBR model portfolio on 10/30 at $15.61. He only buys quality companies at a discount---but he seemed to have violated his timing strategy with another buy at the end of July for a price near $20.
http://www.pbs.org/nbr/site/research/inv... Weekly chart of FNLC is as oversold as it was in March (RSI & Lower Bollinger Band). I don't know about the fundamentals of this stock but it looks attractive for a trading opportunity at least. It seems to have strong support at $15. Rating :
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