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Mstinterestinman (43.54)

RMCF mayBE i HAVE FINALLY LOST IT

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October 15, 2010 – Comments (3) | RELATED TICKERS: RMCF

Today I bought 150 shares of RMCF. I normally don't buy Micro caps but its such a well run company with strong numbers solid growth and a 4.5 % dividend have I I lost it or is this company cheap and underappreciated. I even sold my AXP holding to raise the cash needed.

Theres just something about a small company with a dedicated founder involved and a juicy dividend that even got this growth investor excited or maybe the value camp have finally won me over who knows?..lol

3 Comments – Post Your Own

#1) On October 15, 2010 at 2:51 PM, chk999 (99.99) wrote:

They do some really strange splits. Any idea why the 105 for 100 style of split?

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#2) On October 15, 2010 at 3:16 PM, Mstinterestinman (43.54) wrote:

I'm guessing it was  like a fancy way of decreasing share count management seem to want to keep as small of a float as possible.

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#3) On November 16, 2010 at 12:08 AM, tekennedy (58.57) wrote:

A company would do a split like that to give shareholders a "dividend."  Its pretty arbitrary. 

I do like the company a lot and am considering buying shares soon.  The partnership with Coldstone could pay off huge (although I think their recent frozen yogurt concept could be a sign of difficulties in this relationship but could just as easily be a sign of success of dual branding).  I can't wait til its ratable. 

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