Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : AMNF (Armanino Foods of Distinction) -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (153)	2/7/2024 7:05:46 PM
From: robert b furman	Read Replies (1) \| Respond to of 266

Hi EKS, Please do not misunderstand my joy as bragging. I saw yesterday's pop after printing an new high several weeks ago at $4.94, and it sagged after that. So yesterday's pop was exciting to see. So I had some cash in my IRA and bought 2520 shares at $4.93. I knew it was the lowest dividend yield in my portfolio, but I like the revenue growth and have a feeling after they wrap up their year end, might just be another record (our extended family buys a huge amount of expensive Italian food for the Christmas Eve and New Years eve celebrations. It's a FAMILY TRADITION. I suspect it also is a seasonal thing. I was speculating their sales will print another record for the quarter and full year, with albeit expanding margins. Who knows, maybe even a fractional dividend increase - wink wink. So I bought them and blew my cash wad, and left to go work on my 57 Corvette restoration. Came home and checked the account and see that it broke out over the significant price level of $5.00. Many brokerages allow the margining of stocks when over $5.00 and as you point out. Breaking $5/share now allows many different Funds to buy this stock. stockcharts.com Here's to a hyperbolic run up into the teens! I have to give you and Lazarus credit for bringing this stock to my attention. I consider it my most stockholder friendly stock in my portfolio (no options dilution). Just plain luck in timing, but nothing beats being lucky! This now is my #3 biggest holding in number of shares held. A sincere Thank YOU for making me aware of its potential. I've been slowly accumulating shares for 4-5 years and now have a 90,000 share position with average cost of $3.11. Here's hoping for a double soon. Bob