Wednesday, August 01, 2018 11:23:55 PM
On the other hand, AMID is a strong company, and even looks like a turn around opportunity. Paying down its debt, acquiring new assets that complement its core business.
I did not sell any of my AMID shares. The price has been climbing since it was decimated after cutting its dividend.
With its core business steadily improving, long term it go up multiples from here, and there is a good chance that it could increase its dividend over time.
Talking about its dividend. It still has an excellent dividend, and I will be using the dividend money to buy more shares, which will increase my number of shares, which will increase my dividends, which will increase...
Oh, my. Just think about it. Over time the number of shares could really grow. And if the dividend is increased, the yearly money you would be getting could be a life saver.
This is a RARE SITUATION. A stock that has an excellent chance of going up hundreds of percent, and by reinvesting the dividends you would be continuously increasing your number of shares.Over time … it would be something.
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