After my last post, I received a few queries on my rationale for accumulating a lot of FLCT shares lately. To recap, I wrote that … “Number 1 is FLCT. In the last few weeks, I added a lot of FLCT shares as it fell quite drastically. I think the selling was overdone and therefore, I took the risk to accumulate and did DCA …… If I don’t sell FLCT, it should give me good dividends next quarter.” So the two main reasons are : I think the aggressive selling was unwarranted and I believe that they would continue to distribute good dividends. But first, before I dive into elaborating on my two reasons … let’s understand the company more
