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Re: NASDAQ2020 post# 47355

Monday, 01/27/2020 4:02:23 PM

Monday, January 27, 2020 4:02:23 PM

Post# of 51045
I understand AMMX trying to venture into other industries like forestry equipment and military equipment to expand their reach and revenue, but these ventures have NEVER panned out.

Correct me if I'm wrong - but in all the years I've owned this stock, the core business - used equipment - is the only thing that has ever generated revenue for Ameramex.

Its got to be hard (if not impossible) to break into these industries and resell a brand that's already being resold by other players who are entrenched and established in those industries - including the brands themselves.

Seems to me that if the Ameramex brass and sales reps would just focus all of their time and energy on selling their core business, they would be much more successful as a company. Get the millions upon millions coming in from your core business until you can afford to gamble on some new sales rep expanding you into these industries - but keep the focus on what you do best. You are good at it.

What do I know though? Just some thoughts.