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Re: None

Friday, 07/17/2020 2:45:39 PM

Friday, July 17, 2020 2:45:39 PM

Post# of 112984
Picked up some AMNF

This is an oldie and I wish I had hung onto my position from wayyyyy back when it was under $1 and 10-Bagger (Hank) was pounding the table on it.

Is it cheap? I'm not sure I would say that based on TTM but they do pay a steady dividend and outside of pandemic I'm not sure what else would upset their business model that is otherwise pretty steady.

The commentary sounded pretty upbeat with April being the worst and substantial improvement since then.

In the next 12 months I wouldn't be surprised to see the stock back to the mid $3's or higher and in the meantime collect a modest dividend.

Where powers are assumed which have not been delegated, a nullification of the act is the rightful remedy: that every State has a natural right [...] to nullify of their own authority - Thomas Jefferson

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