Unfortunately the coming demand that should make an investment in AMRK a good play is the same trigger that will cause AMRK to have supply/delivery problems that could turn them into another Tulving. Anyone making a play into AMRK should closely monitor AMRK website and take quick profits when they are suitable. I personally limit my silver paper plays to short term in and out with EFT AGQ.
The chart does not reflect the 2 for 1 stock split on June 9th which appears was not widely recognized. The company also does not have a regular dividend program. However, on 9-17-2021 it paid a one time $2 a share dividend when the stock was trading under $30 before the split. It's an interesting investment; but, please do your own due diligence.
DisneyFan
Posts: 1,731 ✭✭✭✭✭
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Someone on cnbc picked it as a buy recently
my shoeshine guy just took a job there, maybe it was him.
Give Me Liberty or Give Me Debt
frothy
Loves me some shiny!
Seems like an undervalued company?
Chief Executive Officer, Director - Gregory N. Roberts
Slowest shippers of metal I've ever had the experience of buying from.
That's another story.
slower than tulving?
Yes... as they get bigger with their customer's money. Tulving isn't on the big board. Maybe on a surfboard
as they get bigger with their customer's money.
The only time I considered AMark, their premiums were at huckster levels. That was maybe 25 years ago.
I knew it would happen.
...ah, but look at this one go.
Going up ! I'll buy some. That should reverse the trend.
See ?
Buy now.
Unfortunately the coming demand that should make an investment in AMRK a good play is the same trigger that will cause AMRK to have supply/delivery problems that could turn them into another Tulving. Anyone making a play into AMRK should closely monitor AMRK website and take quick profits when they are suitable. I personally limit my silver paper plays to short term in and out with EFT AGQ.
The correct 3 month chart for AMRK:
Give Me Liberty or Give Me Debt
Yep, 2:1 split
The chart does not reflect the 2 for 1 stock split on June 9th which appears was not widely recognized. The company also does not have a regular dividend program. However, on 9-17-2021 it paid a one time $2 a share dividend when the stock was trading under $30 before the split. It's an interesting investment; but, please do your own due diligence.
What many consider the best and safest silver paper investment.
Give Me Liberty or Give Me Debt
Knowledge is the enemy of fear
Give Me Liberty or Give Me Debt