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AEY - ADDvantage Technologies: Long-Thesis Played Out Shares No Longer Undervalued
ADDvantage Technologies Group Inc.
In my first article on AEY in December 2018, I argued that ADDvantage was an ideal value investment. When my article got published the stock traded for $1.30 a share. Currently the stock is at $2.10, a 61% gain in 9 months. In this article I will update the developments over the last 9 months and explain why I have sold my position recently.