Hey nice to see some posts on here! I see you are from the Ashville area. Is the economy doing pretty well out there? I hear it's a lot better and a lot of my friends have moved to the Carolina's. (from Northern Ohio). This stock reminds me of a local company called Riser Foods back in the late 80's that eventually got bought out by the Giant Eagle franchise. I have high hopes for this company in the longer term. I am willing to be down a bit, and still collect the dividend but freefalls make me queasy. Best of luck to you!
The flagship Black Mountain store down the street has good traffic and is adding a Starbucks. They sell a lot of gasoline too and I often drop in to the iMart for milk. The garden center they opened last year is not so busy. Lots of friends enjoy working for Ingles. I see it as a fairly safe place to park money when you can buy IMKTA below 16.
Thanks for the feedback. Nice to hear there is decent traffic in the store. It's hard when you don't live nearby to keep an eye on business. Thanks. Wish the dividned would have been a titch higher but I'll take it along with some more stability in stock. Have a good week.