FANUC was THE BEST a success story in japan market since 2010.
Gained 80% in the last 3 years.
And as 6 weeks ago the asia markets started to rally, its markets on new investment cycle,
plus NIKKEI rally,
plus the 77yen/usd looks on its way to 125,
I thought this is a great time to buy FANUC:
If it keeps exporting, getting more yen for its products,
FANUC should be on great rally, since all yen depreciation will fall on the bottom line;.
And jumped in.
Today just dropped from 32 to 28, on disappointing eanings.
Anybody has some info what is going on with FANUC?