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Agreed that is how most smart investors think! However, I think we can also agree there are a lot of unsophisticated traders in pinkyland, chasing every shiny object that passes by. IMO, these people will get burned by AMFE, which by all accounts is a fast growing, fundamentally sound company!
See the 3rd paragraph...
"Q2 has historically been the largest revenue generating quarter for the Snakes & Lattes Inc. subsidiary which currently has the largest impact on the overall companys financial statements. This year however, some retailers placed larger orders through the distribution arm in Q1, and these orders were received, fulfilled, and shipped during the first fiscal quarter resulting in Q1 absorbing the majority of the holiday sales spike. These increased purchase orders from a few large retailers in Q1 ended up being their holiday season stock and therefore the re-orders did not appear in Q2 but are anticipated for Q3 and Q4. The Q2 revenue numbers also do not include a number of large sales made during the quarter, where the contract was not fully completed or fulfilled by the end of the quarter and therefore not recognized in Q2."
Nice green close again for what appears to be a monster stock in the coming months. Plenty of DD readily available for this company...
Unsubstantiated claims stick out like a sore thumb on this board, and make the few people making them look silly...
They did nearly 6mm last quarter alone...ha. Time for you to do some due diligence my friend...
If you're going to make blanket statements like that, please provide details. Otherwise you sound like you have a screw loose.
Thanks, but it doesn't sound like you were in the accounting field... so we should take your statements with a grain of salt.
I suggest you do some real DD on AMFE before making blanket statements comparing it to other company's you've seen.
Per all the DD which is readily available, it appears to be a fast growing, monster of a company bringing in millions of dollars in revenue.
Please provide your credentials for providing an opinion on audit lengths? Are you familiar w accounting timeframes? I am not an expert but if you do have some expertise or experience, please indicate that.
From my understanding, the length of time this type of audit has taken is completely normal, given the multiple subs, amount of revenue and expenses, and fact that it is a first time audit.
I believe someone else on the board had posted previously that they had first hand experience w these types of audits, and that everything seemed to be unfolding fairly predictably.
Well said. DD reveals there is a large gap between the underlying value of the company, and its stock price. This gap should get smaller and smaller over time as the PPS increases. Patience is the key!
Ignore
Alteady did! Have a great holiday rocket! Thanks again for all your great DD in 2017..
Haha.. go AMFE!
Agreed, great recap of 2017! I love the DD on AMFE... great company from my perspective.
Btw - Not bickering, just providing advice..
I meant a newbie to investing in general...
I believe we can all learn a lot from rocketstocks steady and factual analysis.
I suggest to you....instead of trading on emotions, invest on facts and logic...youll be a lot more successful in the market! Due your DD and check your emotions at the door. Since you sound like a newbie, this is good advice.
Too bad. I was wondering why I couldn't find the contest. Maybe next week!
Yep I'll play..
Sounds good!
I'll do both.
Yes, my draft kings name is ericsoule
Yes. I haven't played yet but if I still can, I'll definitely play.
Agreed
Because if he doesnt call in like he said he would, he'll lose all credibility. If he does call in, his baseless rumors will be summarily dismantled in an actual conversation, and he'll lose all credibility...
Looking forward to GGs call in as he said he would... see what he has to say.
So many catalysts and great DD.. this is an exciting time for AMFE. It seems to be way undervalued at this point, but I'm confident it will run again soon.
Regarding GG, he seems to spread deceit for ersonal gain. Not sure exactly how he looks at himself in the mirror...
Nice. I thought i read they were looking at river north for Snakes, but not sure exactly where i read that. I'll have to go back and see. Regarding the place in logan square, I've heard its always busy... which is a great sign.
You got it!
Northside of the city.. LP/Lakeview area. You? Can't wait for SL here!
Thanks to you and the others for reaching out. I don't post much but have accumulated a good number of shares over the past several months. Very confident pps will rise with the extraordinary fundamentals. Also, I'm in Chicago... so looking forward to see this city be integral in AMFEs success!
Thanks so much.. good luck to you!
Take care Dogman - I've read your posts for awhile now and always enjoyed them. Good luck to you..
Excellent post explaining why you believe AMFE is a different breed.
Love all the DD Rocket. Thank you for making it easily accessible.
Well said.
You don't seem to know what's going on here. They've been doing landscaping for year...
Time to do some DD buttercup!
Does anybody know the status of the patent for Grozone? I've searched the USPTO website and looked online but can't find anything.
You do know the CEO'S name is Will, correct? If you don't know that, you probably shouldn't be posting here. Unless you're claiming something different. Please explain.
You sound like you're happy if the price goes down...that's no way to conduct yourself. If you have valuable DD, please share. Otherwise you sound silly.
Here's what Mr. Sessions said just today regarding federal enforcement and the Cole memo.
Agreed rocketstcks. It sounds like you have a lot of experience ... please keep doing what you are doing!
Any SGBY'ers have any input on good training systems or guides to assist learning technical analysis of stocks such as this.