Amcon Distributing Co (NYSE AMEX:DIT)

Excerpt From GeoBargain & GeoSpecial Review article, November 17, 2009.

Amcon Distributing Co (NYSE AMEX:DIT) a Closing Price Nov. 16, 2009: 70.90

• Price at time of mention in “Hidden Clues” article, Nov. 2, 2009: $61.00
• Reached a high of $78.81 on Nov 9, 2009, an increase of 29.2% since publication of article.

Amcon Distributing responded well to its strong fiscal 2009 year end financial press release. On November 2, 2009, we highlighted the stock as a potential “sleeper” at $60 per share due to “clues” management had provided investors. Even after its stellar run in its shares to $78.81, they are still trading at a trailing P/E of only 6. We also mentioned Hong Kong Highpower Tech (NYSE AMEX:HPJ) in the same article which also delivered strong financial results on November 12, 2009.

Web site: http://www.amcon.com

Last updated November 24, 2009