I was wondering if they can find a European partner and expand into the EU? It will be interesting to see their next move to expand distribution inside the US. This will be key especially if/when they build a 2nd manufacturing & distribution center.
My plans are to just hold my shares as my original cost is on a very low cost basis. No need to pay those taxes and I also have a nice position in the ROTH about 1/10 the size in the taxable portfolio.
What is really nice is during the last large market correction, AMNF hardly corrected and was a nice hold.
FWIW, I have a 12 year plan to move money from the IRA to the ROTH so I will not have to deal w/ mandatory distributions. As a result, I have very little flexibility to take extra capital gains at the low bracket. That plan ends in 24-36 months and then will consider peeling off a few shares. I think long term capital gains are taxed at a 0% rate up to $49,450.
2026 Federal Long-Term Capital Gains Tax RatesThese rates apply to assets held for more than one year.
| Tax Rate | Single Filers | Married Filing Jointly | Head of Household | Married Filing Separately | | 0% | Up to $49,450 | Up to $98,900 | Up to $66,200 | Up to $49,450 | | 15% | $49,451 – $545,500 | $98,901 – $613,700 | $66,201 – $579,600 | $49,451 – $306,850 | | 20% | Over $545,500 | Over $613,700 | Over $579,600 | Over $306,850 |
I definitely want to fill the 0% bucket up.
The Market Cap ia still tiny and the potential for continued growth is huge.
This is my largest position in the taxable portfolio and my largest gainer too. They say let your runners run but periodically rebalance. My top two positions are also my top two gainers which I have never rebalanced. They are CVX & AMNF.
CVX pays a great div but does not have the growth like AMNF. AMNF pays a good dividend based on cost but that growth kicker has really helped the portfolio. I like both and each complements the other.
Spending the Winter at the Lake property and been shoveling snow since the snow blower broke. Good exercise but not liking dealing w/ the snow. I like the warm weather at the other house and would be getting ready for Spring by planting seeds in the green house.
It's nice to have a renter that deals w/ that. She does it all by hand so I will get her a manual snow pusher to make her job easier. She never wanted or used the blower.
FWIW, my Lake Property that I got in 2009 (about the same time as AMNF) has increased about 2/3 of the AMNF purchase. However the reason to buy was for life style, No State income Tax and spending time at the Lake during Spring/Summer.
I do believe it's a matter of time before AMNF gets discovered and Funds start to buy positions. Then we s/d see a run through the teens and into the $20's. So another double in 12-18 months? Maybe . . . stay tuned |
