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FYI, there are probably many individual shareholders.
OTC markets lists 451 shareholders of record. BUT...a shareholder of record is different than beneficial shareholder.
Example:
Scottrade is one shareholder of record, but Scottrade represents thousands of individual investors. Those investors are called beneficial shareholders.
The transfer agent could probably get an accurate count on number of individual beneficial shareholders if they requested each individuals taxpayer id from every brokerage firm, but it goes without saying, there are far more individual AMFE "shareholders" than 451.
Fact, not opinion.
Go AMFE
Rec
A sports analogy to AMFE for baseball fans, especially MN Twins and Boston Red Sox.
We all create our own level of expectations, mostly based on historical behavior.
Forward looking expectations are set to a high standard because AMFE has executed on a high level time and again!
Current expected catalysts that haven't played out yet, are making some investors antsy.
Read on for the sports analogy.
David Ortiz aka Big Papi (likely future hall of famer first ballot inductee), started off with a promising future in the Twins organization (small market team), showing flashes of greatness. He spent several years with the Twins before he was stupidly let go.
Enter Red Sox (big market team). Once Big Papi was given the chance to succeed in front of a big market, shine he did on a daily basis for the next 14 years, going on to have a great career.
AMFE is currently in a small market (OTCPink), working to hit a much bigger market (OTCQX). Just as Big Papi showed flashes of greatness in his early career, so to is AMFE.
There are always rough patches in the early stages and a learning curve, but the key to long term success is having strong fundamentals from the get go.
Both Big Papi and AMFE have strong fundamentals. Undoubtedly, there are outside factors in play, that will have absolutely nothing to do with the long term success of each, that cause short term turbulence.
The Twins let those outside factors and short term turbulence get in the way of greatness and ultimately they let Big Papi go. The Red Sox looked to the long term outlook, took a chance on the strong fundamentals Big Papi embodied, and the rest is history.
AMFE embodies the same strong fundamentals. For those who can see past the perceived short comings (over tweeting, slightly volatile activity in the stock price, and the challenges of trading in a small market) of a young up and coming company, there will be tremendous long term upside and the opportunity to shine in front of a large market audience for the foreseeable future.
Long live AMFE!
Rec
OTCQX uplisting = .25 minimum STARTING price positions for a whole new investor base that AMFE will have access to.
Simple fact that could have a massive impact on the growth curve to the upside.
Go AMFE
Rec
Good drivers always look further down the road while simultaneously checking side and rear view mirrors.
Tweets are like road signs that tell us where we're going and when to expect. Unforeseen traffic sometimes slows us on the way.
Roger has placed many road signs along the way. Those road signs have NOT lead us astray.
It's a tricky curvy windy road. I love the many, many tweets! It provides a guide and keeps us on track.
Always remember how far the company has come. Check the rear view mirrors (read the past press and remind yourself how far we've come and what you've invested in).
Don't get sidetracked by roadside drivers who want to lead you astray, just "zoom" along please.
Go AMFE
Rec
AMFE solid as usual! CANB broke out today, great call from last week Flex!
Hope all the nation is doing well and making profitable trades and smart decisions with others they hold.
Rec
Solid buying today and clean looking for continued uptrend!
Go CANB
Rec
Bump: all of last nights tweets in screenshot!
18 of them? Lots of amazing tidbits!
Awesome job getting them all in one screenshot SeatonBM!
Go AMFE
Rec
Applying buying pressure AND providing bid support consistently is the most powerful combination to move a stock higher.
A market that is seeing weakness and initiating short positions, generally sells at the ask and covers on the bid. They don't sell into the bid, but rather walk the ask price down.
If ask slaps are coming in WHILE bid support backs up the rising price, shorts will move away, or cover.
We saw the bid sold into earlier, but as soon as bid support came back in WITH ask slaps, sells into the bid came to a halt.
With new discoveries from tweets last night, and pending news, I very much like the position we're in right now, for a strong reversal from the recent downward pressure.
There's logic to splitting up one large order into small ask slaps, but bid support needs to be there as well. So the strategy that was spelled out earlier was not a fully executed strategy, but rather a short spin to entice others into another's game plan.
Any "large" ask slaps that we've seen recently, are followed by a long pause, or immediate bid dump.
A pause after a large ask slap, signals that market makers are trying to determine their next move, because the large ask slap didn't work into their plan.
An immediate bid dump after a large ask slap, signals that market makers are sticking to their game plan and still working to create the appearance of downward pressure.
So far today, the combination of bid support and ask slaps is killing the plans of any short position.
Go AMFE
Rec
The market cap isn't based on the A/S, it's based on the O/S.
But there's still a great overall benefit from reducing the A/S.
See this post for an explanation:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133904038
Go AMFE
Rec
My favorite tweet tonight and why. It's big!
Reducing the AS by a minimum of 100 million shares (9 figure A/S reduction means at least 100M) makes an extremely strong statement to investors!
A company largely goes public so they can raise money to fund their business. The way they raise money is by issuing shares.
If a company reduces the number of shares they can issue, in essence they're minimizing their ability to raise more money.
Why would they do this if the purpose is to be able to issue shares and raise money? The answer is likely because they are net profitable and self sustaining.
How will they fund rapid future growth if incoming profits are not enough to cover costs, and they're not issuing more shares or diluting?
There are much healthier ways for a company to raise money, without diluting the value of their company.
They can get beneficial terms and funding from a bank in the form of a line of credit. This way, shareholders are not devalued. And the only way a bank would do this, this is if the bank properly vetted the company they were offering an open line of credit to.
How do lines of credit work? Just like the credit cards you use daily. You can spend up to your limits and pay the bill later. If paid on time, no interest. If not, you pay interest. For a business line of credit, it's similar, but with much higher limits and longer grace periods of anywhere between 90 days - 12 months, depending on the sector and business at hand.
Circling back, why would AMFE reduce the A/S?
They probably have a line of credit with a bank, or some other similar terms in place to continue funding growth. Why do I believe this?
Recently AMFE was approached by a Sr. Director at one of the big five Canadian banks. This meeting must have gone well. This was tweeted on August 1, 2017.
Everything is coming together in an absolutely BIG way!
This is why my favorite tweet was this one:
Go AMFE
Rec
HOLY TWEET STORM!! IT'S ON!! WOW!!
If someone can screenshot all those tweets in one capture, you're better than me.
Go AMFE
Rec
Perspective:
What if:
- the price had slowly worked its way from .095 to where it's sitting today at .17 without any pullbacks on the way up?
Answer:
- most would probably be thrilled with .17
What if:
- we hadn't received the Gro3 $1.15M order
- we hadn't heard Roger's most recent radio interview
- we hadn't learned of franchising plans
- we hadn't learned of AMFE's first self published game title
- we hadn't received a signing bonus of $200,000 for that self published game
- we hadn't learned of exclusive distribution rights in Canada for Cards Against Humanity's Weed expansion pack
- we hadn't learned of exclusive distribution rights for gaming titles in parts of Europe and Southeast Asia
- we hadn't learned of game titles being ready to ship before the holidays to these territories
- we hadn't learned of 500 retail accounts
- we hadn't received an eta on the completion of 3 years of audits?
Answer:
- most would probably be wondering about further updates and complaining about the lack of news
Go figure...there seems to be lack of appreciation for where we sit today at .17 only because of how it's arrived at this price.
Go figure....but we did receive word on all of the above listed accomplishments, and there seems to be a lack of appreciation for how far AMFE has come based on these updates.
This conundrum shall pass in due time. I'm certain of it.
Go AMFE
Rec
One of the most blatant manipulated closes that I've seen in AMFE.
.18's hitting and on the ask. Then NITE dropped the ask from .18 to .1681 with 2 minutes before the market closed.
I don't worry for myself, but what I'm sharing should be noted publicly for all to know.
This was as desperate and blatant as I've ever seen in AMFE's trading to date.
Go AMFE
Rec
Next news release will be disseminated widely to all platforms.
OTC markets was down late last week which affected the way AMFE issued the last press release, using a service that they normally don't use.
Go AMFE
Rec
SIPC already made investments in equipment that enables them to brew more efficiently.
Taking a stake in a brewery could be next, but they already have established partnerships and I'd rather see money invested in marketing/branding to further spread awareness for their beer lines.
It was stated in this PR, May 11, 2017:
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Announces-Reorders-and-New-Establishments-Carrying-Major-Hemp-Brown-Ale?id=158756&b=y
Go SIPC
Rec
The risk longs run by flipping AMFE.
If one sells in a downtrend, even if the intention is to buy those shares back at a lower price once things have settled, those sells are adding to the downward pressure and potentially alienate other good intentioned investors who would have held, but for whatever reason were rattled and shaken out of their positions. There's no guarantee this investor will come back, or chase to get back in.
The best kind of buying pressure comes from a large pool of investors, not just a few. So I do t want to alienate any shareholders. Neither does Roger Mortimer (CEO of AMFE). He's stated on numerous occasions the importance of having the support from each and every investor, and valuing them from the beginning.
There's the old adage, shares go to stronger hands on dips. There's truth to this. However, strength in numbers spread out is much stronger than strength by just a few.
A stock with extremely good fundamentals and explosive growth potential, both short and long term, like AMFE, is worth holding if the belief is that there will be upside.
Flipping, even with a small amount of one's position, can be profitable and tempting when there are swings, but NOT something I'm willing to do with AMFE, based on my belief that it can backfire because of added unnecessary downward pressure from my sells.
Since my intent is to just hold long for the foreseeable future, it's my opinion that it's healthier to hold tight, rather flip in and out.
Go AMFE
Rec
I don't "trade" AMFE. I HOLD an AMFE position. I can understand how you may have misinterpreted my prior post though.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133868497
Go AMFE
Rec
I've seen time and time again, how a stock downtrends over the course of a few days and "gets the better" of the more novice.
Just because an investor may be novice, doesn't mean they're novice in other areas and may have the means to have invested heavily in a stock like AMFE.
When the ebb and flow of the market "gets the better" of these novice investors, what actually happens, is large blocks that may have been placed at higher levels, are sold at lower levels.
What happens next is both sad and beautiful. The sad part is novice investors are shaken from a fair amount of their positions. The beautiful part: resistances are less futile on the way back up and the uptrend reversal happens very quickly and easily.
For all of this to play out, first and foremost, a stock has to have strong fundamentals. Enter AMFE.
It's a sad and beautiful thing that this has happened here with AMFE on a number of occasions.
I'm ready to experience the beautiful side of things again, and I think AMFE is too.
Go AMFE
Rec
L2 shows general direction like a map of a hiking trail that's been well travelled. Over the years, hikers made news trails as they became used to the normal trail on the map and started exploring.
It's easy to be pulled off the main trail. But experienced hikers still use the map as a basic guide. It is most useful as it shows the basic essentials, start and end points, areas of danger and welcome, and how to basically navigate the area.
It is still an ABSOLUTE must to have this "L2 map" when hiking in the OTC.
I've used it many times along the AMFE trail to gauge general direction.
Even though I'm not trading AMFE, I still enjoy watching, studying, and expanding my knowledge on everything AMFE. And I always have the L2 map for the AMFE trail handy!
Go AMFE
Rec
Please read my AMFE perspective and background.
Good drivers always look further down the road while simultaneously checking side and rear view mirrors.
With respect to AMFE, it's well worth looking further ahead and having the perspective of seeing how far the company has come.
Having this mentality when AMFE hit mid .09's, and then ultimately retracing about 33% to .06, kept me holding long.
Having this mentality when AMFE hit .225 and then ultimately retracing about 33% to .14's, kept me holding long.
Having this mentality when AMFE hit .235 and then ultimately retracing about 33% to .167 today, keeps me holding long, just as the previous times proved to be rational decisions at the time.
I choose to hold through these consolidation / retrace periods because I'm just not interested in trying to time entries and exits when my belief is that by holding long, I won't have to stress and worry over minute price fluctuations, when I should come out extremely happy over the long run.
I've been a heavy and active OTC day trader, more by necessity from some of the stocks that I trade (meaning if I don't want to hold bags, I HAVE to trade them actively).
However, if I find a stock that I feel I can hold and see explosive growth over a longer period of time, I'd much rather sit back and relax while that position slowly appreciates in value, rather work so hard to trade every day, grinding out gains and then having to discover the next... and constantly initiate new due diligence on a new stock that may be in a completely different sector than the one before, that I'd have to learn about to give myself the chance of a successful trade. It's a lot of hard time consuming work!
All of the above heavy active trading over the years has allowed me to recognize when I should hold onto a stock like AMFE. I've paid my dues, and now that I've found AMFE, it's time to just sit tight and see my position grow long term.
I still enjoy the hunt and the trade, but I don't need to be as active as I once was when I have a stock like AMFE in my portfolio doing the heavy lifting.
"Do the due diligence, do the simple math", is a popular statement around here. I echo these words to the fullest extent, and sincerely want to succeed alongside others here in AMFE! But success doesn't happen overnight. Please recognize what we all have here and be patient with the company and one another.
Go AMFE
Rec
AMFE: Now vs. Before.
Now: gaming distribution is seeing an influx of large purchase orders from Canada AND regions of Europe and Southeast Asia.
Before: much smaller orders coming in, with fewer exclusive titles and only in Canada.
Now: A flagship new location is opening in early September. This will generate even more revenue, estimated equivalent to the other 2 locations combined. Franchising plans to be released this week.
Before: Only 2 locations that were not "franchise ready" models.
Now: GRO3 is generating revenues and received its first order valued just over $1M. The sales team continues working to solidify more deals and the company twitter handle says GRO3 is in advanced stages of finalizing more deals.
Before: patent pending Ecopro3 unit was being pitched, but not bringing any revenues.
Now: we're getting much closer to the .25 price point and audited financials dating 3 years back, required for uplisting to the OTCQX exchange, which is the highest most prestigious tier in the OTC. This is where companies are fully reporting with audited financials, and open to larger investment firms who want to have early growth stage companies with huge upside like AMFE in their portfolios, but were previously restricted from buying below the QX tier level.
Before: AMFE was much further away from that .25 price point and having 3 years of audited financials completed.
Now: we're heading into a period of time where the broader marijuana sector will move on one simple catalyst. The largest cannabis economy of CA going full legal recreational in January 2018. With strict regulations being passed down requiring licensed growers to eliminate pesticides in the grow process and prove via state testing, AMFE has THE solution with their GRO3 unit for growers.
Before: investors weren't heavily accumulating MJ stocks. The sector was trending down. AMFE was the exception, largely due to the Snakes and Lattes division.
Now: We know of a spin-off of Interloc-kings and a dividend that will be given to shareholders of record date. This will be timed with the up-listing so the spinoff will start off with audited financials (currently audits in progress include the Interloc-kings division).
Before: no dividend, no audited financials.
Now: upon uplisting, .25 will be STARTING positions for any investment firms looking to hold a position.
Before: many investment firms were not able to invest.
I'm sitting tight on my shares and holding for the foreseeable future.
Making it even easier to sit and just hold onto one's position is the fact that AMFE is expanding in size at a much faster pace now vs. before.
Can't wait until the current "now", becomes the futures "before".
Go AMFE
Rec
Today's THE day to accumulate, add, or initiate.
Ironic today's action, considering my recent posts suggesting everyone just hold and keep their eyes focused on the future, rather near term. But the last several days have seen buyers exhausted.
I believe today is the reversal day, back to the upside starting later today into tomorrow. And I believe the price per share will bounce back rather quickly.
Sell pressure triggers panic for some, but this is all on light volume.
I'm bullish as ever. Nothing has changed since AMFE hit .235. In fact, we know more "now vs. then". And what we know is all positive.
Good reset of chart technicals in a very short amount of time of a few days. Things will probably heat up just as quickly.
Go AMFE
Rec
The higher AMFE goes at this slow and steady churn, the better and smoother the transition from past shareholders to new shareholders it will go.
As gains pile up, I'm sure some investors will take out their principal and let the rest ride free, which I'm sure I'll do at some point...just not at current levels with company growth at an all time rapid pace.
As gains pile up, it becomes easier to hold through the occasional dips. I have over $225,000 in unrealized gains. So, it's much easier to swallow a negative swing of $15K - $30K knowing I still have sizable gains. And seeing that any lost gains, are quickly replenished, keeps me holding through and through.
I suspect there are other investors with equally large positions that feel the same way, and are experienced enough in their own right, to understand everything I've just stated and hold long.
My average (cost basis) is in the .05's. I'm sure as the price continues to climb, I'll see days where my original investment is doubled. Example being, if AMFE trades at a dollar, a 5% move is five cents, which is darn near close to my cost basis in the .05's. Or if we see a 10% move when the price is .50, that's also a five cent move.
I've tried spelling this out in different ways for all investors to comprehend, and to remind others why it's good to continue holding. Hopefully it shows and comes through.
Bottom line, much of what will keep experienced investors holding, is if the company continues executing on their stated plans. If so, their growth will continue justifying higher and higher price levels.
Anyone who has doubts, as I stated earlier in this message, can always take their cost basis (principal investment), plus a little profit out, and let the rest ride free. That way they guarantee themselves a win no matter what happens.
I have yet to do that, in large part because I haven't found reason to do so.
Go AMFE
Rec
Circling back to this great post!
Honestly, most people who buy stocks on the OTC do so, looking for the next big gainer. This is the single common denominator of EVERY OTC investor. From this point on, there are tons of differences. The biggest difference being experience.
Using common sense and logical reasoning, everyone should know that wealth is rarely ever created overnight. Once you find a stock like AMFE, one should recognize this stock is exactly what brought you here. It's the homerun you've been seeking, and it can give you homeruns on your initial positions every day for the foreseeable future.
The majority of investors don't put large amounts of cash into OTC stocks. When they do get "lucky" and make trades for large percentage gains, it's absolutely exhilarating, but the dollar return isn't necessarily life changing. They try to duplicate that thrill of a successful trade, but realistically, most fail to replicate those trades on a regular enough basis, to become that "get rich quickly" success story they so desperately want to achieve and dream about. It takes time, experience, and many failures to ultimately recognize when you have a real gem of a gem.
Based on the general comments I read here, many AMFE shareholders DO have a certain level of experience trading on the OTC.
One needs to take that experience, no matter how much it is, and recognize, that AMFE entails everything an OTC trader/investor dreams of finding.
We've seen sustained growth in the price per share for months on end. We've seen doubles, triples, quadruples, and even much higher percentage gains for a few. Many have hit homeruns here already.
But recognize from past experiences, that taking money off the table at this point in time, and trying to hit a homerun elsewhere, could lead to more "learning experiences".
Have the vision to sit tight here, and sooner than later, every day can bring you multiple homeruns on every position bought into AMFE.
I like my chances here to hit homeruns every day on my avgerage buy in price, vs. taking profits off the table and starting new positions elsewhere and trying to hit a homerun every once in a while.
Now is NOT the time to be nervous and get shaken out of, talked out of, or stopped out of your position in AMFE. All those other trading experiences should have prepared you for this stock. This is exactly why so many investors/traders of all levels of experience are just holding for the long haul. No matter what brought someone here to AMFE, upon arrival, it's not that difficult to discover why holding AMFE long in your portfolio is the smartest thing to do.
Use home field (AMFE) to your advantage and go for the homerun every day. It should become easier and easier to have those homeruns and rack up tons of runs, the longer one holds here.
If you like the challenge, feel free to visit other fields...just know it will be much harder to hit those homeruns elsewhere.
Go AMFE (my home field for a long time to come)
Rec
Ok, for this years stuff...there is tremendous upside to any of those catalysts you've listed.
I was suggesting that IF, IF we go through another phase of consolidation at these levels, it's 100% worth it to me, to hold for what I believe will be an eventual double in share price again.
And if that double occurs, likely in that period of price per share appreciation, the company will also be growing on an ever increasing accelerated growth curve.
A .03 move was a double at one time to .06. And as investors were buying .03's, .04's, and .05's to push it to .06, their dollar values in their positions were then doubled when it hit .07 - .09 ranges. As new/existing investors were buying .06's, .07's, and .08's to push it to .09's, their dollar values in their positions were then more than doubled when it hit .14's. And as new/existing investors were buying .09's through .14's, their dollar values in most of their positions were doubled as the price moved to .235.
This pattern can continue for the foreseeable future as the NOW vs. THEN/BEFORE, justifies these moves. And the future NOW vs. THEN/BEFORE will justify higher price levels as the company continues its rapid growth.
Most investors who have bought shares at these various levels (which by the way are mostly holding higher and higher levels with the occasional consolidation period), are holding with the utmost confidence.
The higher the price goes, the easier it will be to see multiples of pennies in share price moves intraday. And so long as the company continues its growth curve (no reason to doubt it won't continue based on what we currently know), those multiples of pennies will be toward the upside.
That means the early investors (by early investors, I believe that's anyone who's bought at any level to date), could be seeing doubles, triples, and eve higher, in dollar value on their original positions.
Point being, I'd rather hold long and see daily doubles, triples, etc. on my initial investment here, rather cash any out and have to start from initial investment hoping to get a double from there. And most others are much riskier than what I've found with AMFE.
Looking forward, say a few years down the road when AMFE could be trading several dollars, let's just say the price per share is trading at $5.00 (no R/S taken into consideration)...an intraday move of just 2% is .10, a dime. Do I want to be holding to see dime moves on my original investment? Damn right I do, and damn right I believe this is very possible further down the road. And we could be seeing larger intraday moves than a dime long before $5.00. 2% is just kind of an average percentage gain on an average green day for AMFE.
Overall, I do believe anyone who holds this long, regardless of their current buy in and holdings, will see tremendous growth long term and likely experience days where their original investment doubles, triples, quadruples or even more for extremely early investors, intraday.
No doubt, holding long has been the smarter move for me! And I'm positive it will continue to be the smarter move going forward.
Go AMFE
Rec
Something to consider:
AMFE traded in a range of .065 - .09 for May 19, 2017 through July 12, 2017. That was a range of .025.
Then a breakout occurred and the price more than doubled starting from July 13, 2017 to July 31st to a high of .225.
Currently it looks like we're starting a new channel in a range of .188 - .235. This is a range of .047, almost double the range than before, but considering we're trading at more than double where we were before, the bigger range is expected and aligns with the price per share.
Seeing that I was in AMFE during that first range of .065 - .09 of almost two months, and more than doubling that value as of today, I'm willing to hold through a few months of this higher range. A double from here would have even more significance in the overall value of my position because it's worth a lot more now.
Making it even easier to sit and just hold onto one's position is the fact that AMFE is expanding in size at a much faster pace now than before.
A brief list of Now vs. Before
Now: gaming distribution is seeing an influx of large purchase orders from Canada AND regions of Europe and Southeast Asia.
Before: much smaller orders coming in, with fewer exclusive titles and only in Canada.
Now: A flagship new location is opening in early September. This will generate even more revenue, estimated equivalent to the other 2 locations combined. Franchising plans to be released this week.
Before: Only 2 locations that were not "franchise ready" models.
Now: GRO3 is generating revenues and received its first order valued just over $1M. The sales team continues working to solidify more deals and the company twitter handle says GRO3 is in advanced stages of finalizing more deals.
Before: patent pending Ecopro3 unit was being pitched, but not bringing any revenues.
Now: we're getting much closer to the .25 price point and audited financials dating 3 years back, required for uplisting to the OTCQX exchange, which is the highest most prestigious tier in the OTC. This is where companies are fully reporting with audited financials, and open to larger investment firms who want to have early growth stage companies with huge upside like AMFE in their portfolios, but were previously restricted from buying below the QX tier level.
Before: AMFE was much further away from that .25 price point and having 3 years of audited financials completed.
Now: we're heading into a period of time where the broader marijuana sector will move on one simple catalyst. The largest cannabis economy of CA going full legal recreational in January 2018. With strict regulations being passed down requiring licensed growers to eliminate pesticides in the grow process and prove via state testing, AMFE has THE solution with their GRO3 unit for growers.
Then: investors weren't heavily accumulating MJ stocks. The sector was trending down. AMFE was the exception, largely due to the Snakes and Lattes division.
Now: We know of a spin-off of Interloc-kings and a dividend that will be given to shareholders of record date. This will be timed with the up-listing so the spinoff will start off with audited financials (currently audits in progress include the Interloc-kings division).
Then: no dividend, no audited financials.
Now: upon uplisting, .25 will be STARTING positions for any investment firms looking to hold a position.
Then: many investment firms were not able to invest.
So I'll be sitting tight on my shares and holding for the foreseeable future.
Go AMFE
Rec
AMFE has seen this intraday pattern before.
Open with some volatility and then flatline in a tight channel before climbing higher in the later part of the trading session.
This has been confirmed in numerous prior sessions. Looking for another confirmation of this pattern today, leading into another breakout this week to new highs.
Go AMFE
Rec
Clean opening for AMFE, meaning no gaps.
Even with all the activity and hints dropped on Twitter ahead of the fact,
I've always loved the fact that AMFE trades in an orderly fashion without opening gaps needing to backfill.
One of the healthiest clean trading stocks I've ever been in.
Go AMFE
Rec
Morning AMFE! A little birdie suggested new highs this week are in order.
It was just something in the chirps of last nights tweets that suggested this.
In all seriousness, Roger made mention of the fact on My Two Cents Radio Show, that he understands how his words are perceived. A smart man knows how perception comes into play.
This didn't stop Roger from tweeting 5 times last night, and that's more than normal. Since he has an understanding how his words are perceived, yet tweeted 5 times, he knows big things are in order!
I believe with everything developing at an accelerating pace internally, the news we've been receiving, and the historical chart technicals, that this week will show investors new highs in price per share, again.
Go AMFE
Rec
CANB float is probably higher than 6 million based on the volume traded relative to price movement.
That said, I watched this last week and it does trade thin.
Took a starter position last week and will keep an eye on this trade.
Go CANB
Rec
SIPC Trading observations from the last serveral weeks.
The appearance suggests SIPC is purposely being held in place for now, due to limited buying pressure and lack of recent updates.
The resistance point is .015, consistently this is where blocks of 100K - 300K shares get placed, which is a fair amount relative to the daily volume, but not that much in dollar value.
When .015 looks like it can break rather easily, but sits idle for too long, inevitably the blocks come back. It would certainly help if the company gave some sort of update and reason for investors to buy in. In due time I'm sure...as a key big catalyst is just around the corner, and any other number of catalysts can be trigged by the big one, CA full legal rec. And then there's the likelihood of press announcing distribution of Major Hemp Brown Ale beer in bottles into other territories.
The blocks of shares being put up at .015 and the walk down of those blocks, ultimately keeps SIPC in this current area of .01 - .015 and creates a perception of downward pressure. Why? It could just be a few smart investors using a very small percentage of their larger positions to limit the movement as they continue to accumulate where they can pick up on the bid. This is definitely a possibility, seeing that any downward pressure has been met by strong bid support.
Now is the time to accumulate and build a position for the inevitable break out that could come with a company catalyst, or a broader sector catalyst and move.
Yes - I'm watching closely for confirmation of any breakout.
No - I'm not playing the spread and messing with the share price.
Maybe - I'll add once .015 becomes an area of support with above average volume.
Go SIPC
Rec
Thank you for expanding further on the importance of using charts WITH fundamentals, especially when they are simultaneously aligned and in sync with each other as is the case with AMFE.
A purely technical response to your technical analysis:
Following the 15 SMA, one can go back to January 2017 and see that the price per share has always hovered near this level, and when it does go below, the chart has never broken down. And dips below have been short lived, and then the trend continues north.
I find no reason to believe the chart will break down if it does dip below the 15 SMA, just based on historical technical observation.
The longest timeframe for the slow sto cross has been 10 days, and it's happened 3 times since January 2017. 10 days, relative to the uptrend over a period of 8 1/2 months, I'm willing to hold through that 10 day period of time.
With respect to AMFE, I am not actively day trading it. But I understand where one is coming from as a trader, by spotting and inspecting these shorter timeframe technicals.
From a historical technical viewpoint, there will likely be continued opportunity to trade ALL THE WAY UP through higher levels. So if one is trading purely on technicals, be sure to get back in.
This in response to:
I like to think any fluctuations in AMFE's price levels are like a dotting of the I's and crossing of the T's. It's healthy to retrace every now and then, kind of like proofreading one's work.
The chart for AMFE is part of the story. When a gap occurred on the chart, the price levels retraced to fill in the gap, just as if you're writing a story and completely omit an important paragraph or chapter that's most relevant to the ongoing plot, you need to go back and fill in the gap. Market makers and traders alike, assist in this behavior.
Market makers do control some of the trading action in AMFE, but they are working in an organized fashion that keeps an orderly market. Personally, this is exactly how I want to see the transfer of shares or wealth take place. In an orderly fashion. It's the healthiest way to grow the share price in a sustained manner. And this only happens with investments that are backed by strong fundamentals.
This in response to your post:
There are many more than 451 investors.
Shareholders of record is different than beneficial shareholders.
For example, Scottrade brokerage firm equals one shareholder of record. Scottrade holds the shares on behalf of thousands and thousands of their clients. The clients are the beneficial shareholders.
Scottrade only represents one shareholder of record, but there are many individual AMFE shareholders that Scottrade collectively represents.
This is a fact, not an opinion.
Go AMFE
Rec
I don't think AMFE is wildly fluctuating.
Welcome! Why I share screenshots of my position:
A company shares audited financials to be fully transparent with the investment community.
I share screenshots of my AMFE position to be fully transparent with my fellow investors.
I fully understand how perception works. In an arena that runs rampant, with blatant in your face manipulation of stock price, mental persuasion, and daily posturing for personal gain, I find it refreshing when another person provides unequivocal proof to substantiate their shared insights, or at least provides logical reasoning behind their words. Therefore, I too work in a way so as to be perceived in a similar fashion, which includes an occasional full disclosure sharing of a screenshot of my position.
It also keeps an intelligent man honest, in an inviting and constantly tempting world of lies and deceit.
Being a leader yourself, in an extreme crusade to "save others" with constant warnings of the sky is falling in countless other stocks, I'm sure you understand the exact opposite end of the spectrum. You see, two extreme schools of thought at opposite ends, often have more in common in the way they think, than those in the middle. Thus the old adage, "opposites attract".
I'm happy you've stumbled upon a breath of fresh air with AMFE, here in a smog laden heavily polluted land of the OTC. The peace of mind one feels once finding that breath of fresh air, inspires one to pay it forward and lead others along the way. Perhaps you coming from the extreme opposite end in the matter of a few weeks, will trigger others who still don't recognize that every once in a blue moon, along comes a company that defies the odds and goes on to have great, great success. This certainly appears to be the case for AMFE.
I strayed a bit from the original intent of my response. But this is all in response to what you stated: