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If I tried to learn from ppl like you I wouldn't have made it to my 20s but you somehow passed them and think you got it figured out. Must miss those heydays
Yea we're done here we will never meet eye to eye. Only reason I called you out was because is a blind leading the blind moment but at this point I just hope for a RS sooner than later. This way all the ppl who argued the percentage explanation that rocket has been trying to get across will sell their position to ppl who understand.
If you couldn't understand the way I thought was easiest and tried to educate me on it then try to see what's wrong with my first method of explanation
"1,000 shares bought at .02 is worth $20 right? and if we saty at 1.00 per share then its 1,000 shares x $1.00 then you have $1,000 easy math, right? You turned your $20 into $1,000 that's a 50x increase of money because you divide $1.00 by your buy in price .02/ 1/.02 = 50
If we do a reverse split it doesn't matter what my shares turn to. My $20 dollar investment will always be a $20 investment. So now if the stock is worth $4.00 because of the split and I bought in at .02 the multiplication factor of my investment is 200x. Why? becase 4/.02 = 200. So i multiply my $20 x 200 and I get $4,000. So no " $1 CAN be worth more than $4" is FALSE and yes it is "tricky" I would recommend you don't post what you haven't fully mastered you will just confused more ppl. "
I'm ready to see how my math is wrong pls enlighten me
What part of my math was wrong?
"Reality is that $4 times 200 shares is $800. $1 times 1,000 shares is $1,000. So $1 CAN be worth more than $4. tricky? Yes, but also reality."
"whether by split or growth"
uhhh percentages buddy i dont think you know them.
1,000 shares bought at .02 is worth $20 right? and if we saty at 1.00 per share then its 1,000 shares x $1.00 then you have $1,000 easy math, right? You turned your $20 into $1,000 that's a 50x increase of money because you divide $1.00 by your buy in price .02/ 1/.02 = 50
If we do a reverse split it doesn't matter what my shares turn to. My $20 dollar investment will always be a $20 investment. So now if the stock is worth $4.00 because of the split and I bought in at .02 the multiplication factor of my investment is 200x. Why? becase 4/.02 = 200. So i multiply my $20 x 200 and I get $4,000. So no " $1 CAN be worth more than $4" is FALSE and yes it is "tricky" I would recommend you don't post what you haven't fully mastered you will just confused more ppl.
Also the non percentage way. 1,000 shares reverse split of "1 for 5" so you get 200 shares. 200 shares times the new price of 4.00 = 800 dollars
THEN you multiply the 800 dollars by 5 BECAUSE there was a split and boom 4,000$ MAGIC. Remember kids, what ever you do to one side of the equation you do to the other side of the = (equals) sign. Elementary or was that middle school? i cant remember
Okay listen to what you just said. You want us to stay in OTC for now so that's what .18 to like a 1.00 range instead of being on NASDAQ 4.00$+ who would want to stay down here instead of having their shares worth 4.00+???? When we make it to NASDAQ i dont give a F**K what the "bigger smarter" buyers do, my shares that i bought at .02 are worth freaking 4.00$!!!
You need to do some reading because i don't think you know how percentages work. if you sold because of RS everyone who does know how they work would buy you out in half a second.
Happy Birthday!
SNAP is pulling a FB i wouldn't mind that ;)
Not just a new group of traders from regulations standpoint but also from trust! Many LARGE investors will see the reportings and have peace of mind that this is no joke.
Thank you to all the ppl who wished me a Happy Birthday, I'm sure everyone is feeling like they are getting a present from AMFE today :). And no I'm not turning Fiddy, rocket haha. All this talk about retiring has me excited, I may have the opportunity to retire before I even finish college!
What a nice day this is. Woke up to plenty of lovely happy birthday texts and AMFE decided to give me a happy birthday present as well. This is going to be a great weekend.
Okay the truth is you can play AMFE, anyone can, the risk is just very high. I have 2 accounts with AMFE one that is long, my shares have been in there since FEB when I got them at .018. Then i have another account that only started out with 20k. I use that account to TRADE AMFE. Some people know they can make money trading but don't want to risk their high positions or get hit with the tax. To those ppl i would recommend to just make another account. For example, when AMFE spiked to .22+ i sold all 30k shares on my second account for .21 why? because L2 bid was starting to weaken after the first couple seconds AND almost a 30% gain?? Cmon, ppl knew flippers would lock in profits so i decided to do so as well. Besides AMFE had over a week of green days and 30% GAP was not sustainable no stock goes up for ever and MMs knew it. It was time to short, the gap had to be filled. Sold 30k for .21 bought back in that same day for .17 wooooo got 37k shares now, on the second account and they will stay at 37k until I find another sure moment to flip. AMFE can be flipped and played but its not an everyday thing i literally waited months for this flip to be made and yes i could have flipped with my larger account but the RISK is NOT worth it. If you will flip amfe don't do it on your LONG account and your BIG account. My goal is to have my secondary account as large as my first one just by flipping.
I don't care about that since they stepped down and staying partnered with the company as a consultant. What i care about is that they are selling out of SIPC's coffee and if i remember correctly they wanted a place on our websites when they go live. Caffeine is addicting to some ppl and if SIPC is making CBD infused coffee AND beer and they want to sell on our sites, then all we have to do is sit back and enjoy the ride. And yes i have a small amount of shares in SIPC as well but UAMM still my big player.
CDEL not playing games anymore started whacking the ask at .185
WDRP just dropped news today and is up but SIPC which is partnered with them is even higher.
https://finance.yahoo.com/news/wanderport-corporation-appoints-chief-executive-123000256.html
Seeing these 2 move may mean the third sister $UAMM may wake up as well.
Knew it, CDEL still at .179 but 2 others moved their bids to .18 and .181
This last dip to .179 was gone in an instant they know low .18 is the best they will get .18 is becoming a great support for us. We can launch to .20 from here if we close around high .18 or even cross .19
45k volume. As soon as news drops ill try to get 1 mil under .01 maybe I get it maybe I don't will be fun seeing it move tho.
Aye now, he/she prob has their mind set in investing that money so let's try to help them put it in a safe place (AMFE) instead of on some other penny where they have a high chance of losing that money. Need to take risk to make money and if their risk pays off they won't have to worry about that mortgage for long :)
Looking at L2 you have 3 MMs hovering at .179 and seeing how quickly the dip to .17 got gobbled up i believe THEY know .18 is the best they will get (reason why they fight for highest bid around .179-.18) Personally i would try to get anything in the low .18 or even high .17 but that one would be tough seeing how as soon as you go under .18 you will be competing with MMs for the shares.
You'll be waiting on that dip for a while.
I said i was ready but didn't expect them to start coming out this quickly...
I'm ready to read all the articles that will be written over the week. Hope they can get the numbers right, now.
CDEL and NITE been moving up as we get closer to end of day.
430k and it got gobbled up like if it was 4.3k
Bids started crawling to .16 we may get a nice base formed there if it keeps going.
two! two!
(Changed to two for Snakes and Gro3)
I don't get why our longs are trying to give excuses for why Roger "would"
have missed the week. What the heck is wrong with you guys? He hasn't even missed the deadline and you are already trying to forgive him and make points for why everyone else should forgive him! Just ignore the useless chatter and like rocket, post some useful information on WHY you are here and WILL be here regardless of what happens.
Why release the news when the stock keeps going up all on its own? Why hit the NOS on a car if you aren't even going at 100? I've stated this multiple times already, Roger will hold the news until the very last minute when the stock is closest to .20 so he can use the news as the boost to get us over that wall. Just like .10 .20 is another mental wall.
That exchange was fire
Over a million traded in under 30 minutes??? Told you Roger would hold the news till last minute. He's trying to let AMFE get as close as possible to .20 in order to help us break right through it.
If we break .15 today, I don't see Roger releasing news tonight. I can see him tweeting "news tomorrow" that way the hype for news will make it run all through Wednesday and since we would have broken a crucial .15 the day before (today) the stock can see a multiple cent climb which can hopefully put us at .17. Then he can release Wednesday night and then again Thursday morning and boom we at .20 boys and girls. If we were to break .20 on Thursday then ppl would have eyes on us Friday and who knows what we could break then and if we do good Friday then over the weekend we could have plenty of great articles written about us ;) This is just speculation but how nice would it be if that's what he's thinking of doing? But I'm just a rookie and he's the boss ill be happy with what ever he ends up doing lol
I can tell MMs don't have many shares because when we were in the 6-8 range they were placing pretty large ASK walls that we couldn't get through because of lack of volume. Today every time we get close to .15 they try to push the stock down to .144-.146 and place a 30k-50k ask wall which has been chewed out multiple times. This shows great strength because they have to scurry to push it down again and put another small wall. If they lose focus and don't push it down fast enough then someone could smack the ask into .15 because they have no walls at .1499. I believe we see .15 by end of day
You're thinking of an ask wall. Putting your position up for a certain price so the stock can't keep climbing until someone buys it out for what you are ASKing.
Honestly, i took a quick look and i thought it was an AMFE chart haha
11k is separating us from .15 someone pls use that powder to blow us into .15!!
Hype is what i've been saying we needed to move to higher levels and Gro3 gave us that hype. Down here in penny land hype is all you need so if hype takes us to .25 im not complaining because when we up list there is nothing turning us back.
RSI matters when there is nothing behind it to hold it up but if a stock has run or even GAPS because of great news then there is no reason for the chart to cool off. Ill use a blue chip for example. NVDA has gapped multiple times and kept climbing with a very hot RSI and has never turned back to the gaps. Why? because there is so much faith and hype behind that stock and even tho im comparing a pinky to a blue chip I still will say OUR LONGS have more faith in AMFE than most blue chips!
It depends. If the PR is substantially then i believe we can keep climbing with a hot RSI. Now if the PR would not be to the publics liking then there is nothing to hold up the RSI and technicals would take over and we would cool off for a couple days. The reason why we are still climbing with a hot RSI is BECAUSE we are anxiously waiting for Roger to drop year end report + more. So his next move is crucial.