Sunday, October 25, 2009

AMEX all-time highs (week of Oct-25-2009)

My scan of the American Stock Exchange turned up one stock over $10 making a new all-time high. That stock is Amcon Distributing Co (DIT) which was highlighted two weeks ago, and in September. As illustrates a famous quote by William O'Neil: "It is one of the great paradoxes of the stock market that what seems too high usually goes higher."

DIT (Amcon Distributing Co) -- Highs Last Week: Intraday $70.00, Daily Close $69.50

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