New High for AFLAC

Thirteen months ago, The Intercept ran a series of articles claiming fraud at AFLAC (AFL). I wasn’t terribly impressed by the allegations.

The next day the stock fell by 8.7% during the day. Trading volume was about 10 times the level as the day before.

Here we are more than a year later and nothing’s come of the allegations. AFLAC is doing fine. The stock just hit another new all-time high.

So much of investing simply boils down to patience.

Posted by on February 12th, 2019 at 1:44 pm


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