Amfil Technologies Inc (FUNN)

[recinvestor]

I don't think AMFE is wildly fluctuating.

If the stock is wildly fluctuating, why is that?

Consider the surroundings and the OTC arena in which AMFE currently resides.

There are 3 tier levels on the OTC (Over the Counter).
https://www.otcmarkets.com/learn/otc-market-tiers

OTC Pink https://www.otcmarkets.com/marketplaces/otc-pink
OTC QB https://www.otcmarkets.com/marketplaces/otcqb
OTC QX https://www.otcmarkets.com/marketplaces/otcqx

AMFE currently trades on the OTC Pink tier level. They are working to uplist to OTCQX, which is the highest and most premium of the exchanges on the OTC. QX is where we may find a little more balance, as there could be larger investment banks in play that can invest, that will counterbalance some of the manipulation that takes place with the stock price.

Many other stocks trading on the OTC Pink Tier level are what people call "pump and dumps". What this means is the stock and the story is hyped up. As a result, a flood of relatively inexperienced "investors" with some money, combined with experienced "traders" buy into these hyped up stories and create massive buying pressure that pushes the price per share higher. You'll see stocks like this move anywhere from 50% - several hundred % within a very short period of time. This is the "pump". Once the "pump" is exhausted, the "dump" happens and the stock price plummets. All of this happens in a very short timespan, as in a day to a few weeks.

For those who have experienced, or just observed these kind of plays, this is where you'll find "wild fluctuations". When you see percentage moves of this type, on a daily basis, AMFE's 10% fluctuations pale in comparison. And historically speaking, those 10% fluctuations are few and far between. This is what I mean when I say "I don't think AMFE is wildly fluctuating, consider the surroundings and the OTC arena in which AMFE currently resides".

For months now, AMFE has climbed steadily in a small stepping pattern, with the occasional dip that is short lived, and quickly followed by a retrace back to previous levels and higher.

This kind of SUSTAINED move is generally unheard of in the OTC. This is what has many experienced investors excited about the prospects. And this excitement is not just in the trading pattern, but in the discovery of everything AMFE as they initiated their due diligence. The price movement is justified by the underlying fundamentals.

For what it's worth...
Go AMFE
Rec