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American National Bankshares Inc.

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Msg  20917 of 24188  at  9/19/2019 10:19:22 AM  by

MarkfromReston


Re: AM

If there is a charge, even though it will be non-cash, it still subtracts from the GAAP earnings. While it may not affect cashflow and may really be just an adjustment from having written the assets up when AM was merged into AMGP based on the stock price at that time (because AMGP shares were used to buy AM assets), it's just another bad optic. I just have very little patience now for stocks that have shown a propensity to plunge.


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