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Currently Despised Farmmi Stock Could Soon Yield a Bumper Crop By StockNews


© Reuters. Currently Despised Farmmi Stock Could Soon Yield a Bumper Crop

Farmmi (FAMI) is trading at ultra-low prices, and contrarian investors are invited to dismiss the naysayers as Farmmi ramps up its sales.If you’re willing to contradict the crowd, here’s an interesting investment to consider: agricultural products company Farmmi NASDAQ:FAMI>, clearly out of favor, as FAMI stock is absolutely tanking now.

Farmmi stock isn’t popular on Wall Street, to be fair. You need to have a particular personality to purchase a stock while so many other traders are trying to sell it.

Sure, we might consider FAMI stock a potential candidate for a Reddit-fueled short squeeze. The stock is inexpensive, there isn’t a lot of trading volume, and Farmmi as an entity is definitely an underdog.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.