Media Updates, page-9299

My average buy was under $1.50 and the bulk of my A2M portfolio sales were in the mid to high teens. Did not loose on any of them but happy for fellow LTH that it seems to of found some support at this level. Like Stockaholics said if its bad news and another miss it goes down 20% to 50% from here or if they meet or exceed previous guidance it could well double or triple from here over the next few years. I have moved the proceeds into over a dozen other stocks but only really comment on the stock you talked about as its my new biggest holding. Just remember our A2M had grown so much from my entry it nearly made up all of our portfolio so it was prudent to lock in profits while it was nearer to is ATH into other discounted dividend plays.

We live off our dividends and needed them to fund some big ticket purchases soon. Even though it looks like the worst is behind them because of our commitments I did not want to be a forced seller if we were still all in A2M, at much lower prices if we get one more release of disappointing news.

All stocks short to medium term outlook are a gamble but I stuck with them through thick and thin for nearly 6 years until some senior management started to sell down every A2M share they held that was not locked down. Personally I am happy to sit on the sidelines and have the money invested in something that is paying a fat dividend for now. If in August the new CEO reports things are looking rosy and the company's direct sales into China are substantially making up for lost sales due to covid I might open up a position again. Never said its not a great business and agree with you in time it will get back on its feet again, the question is how long it will take ?

In the meantime wishing David B, management and LTH success in the future.