Sneaky Falcon Enterprises, LLC has purchased 55 shares of Olympus Corporation ADR (Ticker OTCMKTS:OCPNY).
The 55 shares were bought at a price of $35.05, for a total cost basis of $1,934.75 (with commission). Dan, the only member who seems to consistently pick profitable stocks, is back with another medical instrument company recommendation.
Olympus is a worldwide leader in the manufacturing of medical optical devices, ranging from surgical scopes to industrial scanners.
Despite being well positioned in the market, the company has faced scandal after scandal, driving the price of the stock down. Corporate corruption, doctor kickbacks, and alleged Yakuza payoffs all make this sound like our kind of investment.
We are betting on this being a strong value play, and also diversifying to gain more exposure internationally.
Head on over to our portfolio page to see all of our other holdings.