Thanks, Trueheart. Not sure I like the way AMNF has traded technically these last 2 days, but as far as I know, the company is sound and growing. I have no plans to sell. Might even add a little, if the trading gets too crazy.
As I mentioned before, I don't like the overall market. 6.5 years of up without a significant lasting correction, lackluster economy and earnings results, lots of geopolitical problems, China slowing (I don't believe their numbers and think it may be much worse than they let on - might already be in recession), Fed might start tightening, countries everywhere loaded with debt and running everlasting deficits, etc.
Sold most positions the first week of December last year. Hardly have anything left except AMNF, which I kept all of and still have a big position (for me) in, and a smattering of just a few other stocks that are very small positions.
The overall market seems scary, both technically and fundamentally. Maybe there could be another big collapse coming. There are a lot of possible triggers out there. If so, even AMNF will get whacked to some extent.
Mostly sitting in cash, waiting for a decent general market correction. Even if that occurs, whether I jump in again or not will depend on the nature of whatever the triggering crisis is.
However, I'm still open to possibilities. There are two stocks I've been buying this year despite all of the above. Just finished putting on a full position in KINS. If you are interested in ideas, I will post my reasoning on the Investor's Hub message board for KINS shortly. Like on everything else, keep in mind I have no inside information and there are no guarantees at all that I'm not dead wrong. Wouldn't be the 1st time!
