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


To: E_K_S who wrote (234)5/10/2025 2:22:20 PM
From: robert b furman  Respond to of 266
 
Both great holdings.

Peter Lynch and Warren Buffet both did well by staying in the market and being a long term buy and holder on their favorite stocks.

I believe that falling in love with a great stock and sticking with it vs. market timing and paying a 20% tax is a very viable approach - BUT ONLY WITH GREAT STOCKS, that were bought right!

I began to really get the faith on Armanino, when covid hit, and they deferred to pay dividends until their debt was paid down.

They claimed they would renew the dividend when times were better understood, and THEY DID!

Normally I hate when dividends gert reduced or suspended, but their approach made so much common sense, I had to agree.

Bob