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A miniscule spike coupled with a retracement not long after to the 52 week low. Those t-trades at the end of each day are very suspicious, especially in such a large block like today. They've yet to file the necessary paperwork to uplist, you'd think they'd have they foresight to do that. PPS is down 35% since January. With $6M/month in Revs and a trend of over $70M a P/E of just 10X puts this at $.70, yet it can hardly hold $.30. What does that tell you?
Completely agree. While those who complained that Roger "misled" us I continued to accumulate down here, too much good stuff happening not to. The tweets if you're taking a long position was a blessing in disguise. Only those who were looking to time the audit are the loudest Roger detractors.
Dilution Dilution Dilution, Toxic Debt, Toxic Debt, Toxic Debt. Sold all but 1 share just to keep an eye on it. Audit did nothing, decent bounce today from rev numbers. Too many fluff PRs, not knocking this stock at all, just my observations. $.29 looks to be the bottom but it's hard to tell with all the dilution going on.
And to add gaps don't necessarily need to fill as some may believe. There are a multitude of stocks that never fill their gap-ups
Benny "The Jet" Rodriguez will be your new name
Nicely done Mike22CA! The evidence is piling up. We continue to see execution on all facets of PRs submitted by the company. And before someone says but but but the audit, reread the line "execution on all facets of PRs" the audit has not been mentioned in a PR this year.
Nice find Plowmaster. I don't think anyone here has really thought about NSI and what those Revs are going to look like. $50M in revs for FY19 with NSI, S&L, and Gro3 isn't too far out of the realm of possibility.
Fair enough... I'll give you that. And I've been saying that for awhile. All the audit will do is provide validity to what has already been reported in their unaudited financials, and I'll bet my entire investment account we won't see much divergence from the unaudited to audited financials that would directly affect NI in anyway. Once the audit PR hits, the flood gates will open.
Please short this stock, I beg of you hahahaha. Only people losing money on this going forward are MMs and shorts
I wouldn't say they have a credibility or trust problem. Never did Roger say, "Today the audit will be filed" and then it wasn't. He simply reported a timeline he received to us via Twitter. Yes he deserves some blame for saying he wouldn't send out another date and then did and nothing came to fruition at that time. A serious credibility or trust problem is much more severe, ie a customer service issue, or health code violations at S&L, that's when you lose the public's trust and more importantly their business. He hasn't done anything to compromise the business or the huge money make that S&L is.
GG personally I believe the opposite will happen here. PO*N had an amazing run, lots of fluff PRs happening there though with no real substance. Here we have a litany of PRs that directly affect the business and revenue numbers. The audit will only push us higher and institutional investors will finally have the green light to pull the trigger on large scale buys which is a must to have the kind of run fus* did. It's only a matter of time. AMFE is cripplingly undervalued with no real attention (that we know of)yet...
Too many MMs flipping and covering throughout the day now. I first got into trading during the financial crisis. Best time ever to buy bank stocks lol
I most certainly want to take a crack at it. Thursday's are my favorite "News/PR" days
PPS prediction...
Once Q3 numbers come out, audit is submitted, institutional investors come out of the wood work this will go PARABOLIC. Too much good stuff and we're so far undervalued it's ridiculous. $.50-$.60, maybe even higher as we should be in the mid $.20's right now. PPS will be even higher if GRO3 news comes out, and NSI information, $.65-$.75 isn't out of the question, of course with some retracement after that before we go on our next leg up. So much to be excited about!
Impossible to be drip dropping every week when I'm only down 9% over the course of 3 months. Here for the long haul and the POTENTIAL this company has to offer with stellar FUNDAMENTALS. And AMFE only gets stronger each day. Their registers continue to CHA CHING CHA CHING CHA CHING every single day. And their patrons continue to CHUG CHUG CHUG all that wonderful beer that is offered in Midtown. Q3 is going to be a beast
I know you're still sitting pretty there. Just an interesting comparison especially with their audit out
Jackpot.. anyone have Thursday after hours? Thursday into Friday morning before the open?
AMFE down 9% since I bought my first shares, where's your baby PO*N? Oh that's right down, 35% in the same time frame AND their audit is out SMH. Didn't someone here also say the audit reflects price, guess that wasn't the case with PO*N. FUNDAMENTALS must be weak there lol
Wondering if this is the gestapo?? Free Jauncy
If you got in earlier than July you couldn't have possibly lost money. The share price on July 3 which was the first trading day of July was $.08. You'd be up almost 60%. There is a very small window of investors who invested between late July and early August would see the bulk of the losses around 50%, before July you're in the green, after August you're down 10-20%. So for you to say you got in earlier than July you're not losing at all. A $10,000 investment has still netted you $6,000.
An audit simply puts a stamp of SEC approval on what has already been reported. Nothing more nothing less. Now because of the audit institutional investors and people on the sideline are more likely to invest IF the fundamentals and business model of the company align with their investment strategy and IF they believe it's a company worth investing in. If I owned a failing business and had an audit what do you think would happen to my share price? It instantly reverses course now because of the audit, absolutely not. I still have a failing business, the all the audit did was confirm my unaudited financials.
However you want to mince my words go for it. The audit brings new investors. Just look at PO*N, how much did their audit affect price? It didn't at all, a quick bump, people profit took, and it's having a tough time staying above their 52 week low because their fundamentals are weak. Audit doesn't affect price, FUNDAMENTALS do.
No it doesn't. It only affects the price as flippers come in trying to time the audit and then get out after the bump. The FUNDAMENTALS have everything to do with the price, the audit simply brings more attention to the company and their FUNDAMENTALS which in turn increases the share price.
Nice to see you back on here Goodbuddy!
Repost... A few thoughts....
-Based on excerpts from emails from Roger to a few on this board we know there are PRs waiting to be released.
-We also know that Q3 numbers will be coming out soon, and we should see another Quarter over Quarter increase. All three locations are booming, alcohol sales have commenced, new S&L in Tempe, Canada's tourist season is about to start.
-The audit obviously was a misstep. Not a big one, but a misstep nonetheless, with plenty of blame to be had for both RBSM and Roger
-The audit or lack thereof has done nothing to the PPS as we're still in the CHANNEL we've been in for months.
-We now know the Market value for AMFE as traders/flippers/longs/shorts see it as somewhere between $.125-$.145, again the CHANNEL
-With all that said, we know there will be updates on NSI/Gro3/and an Uplist coming as the paperwork has already been filed in anticipation of this.
-A stagnated pps predicated on the probability of multiple PRs addressing everything in the previous bullet point.
-With all that said, this is the perfect entry point for anyone doing their research on this stock or for those who want to accumulate more and more shares.
-The accumulation charts continues to increase as price stagnates, at some point a break out will commence, Q3 numbers coupled with A/U will send this sky high.
-As it stands now just with S&L numbers this is a $.20-$.25 stock with no other revenue added.
-New distribution channels, 5 more west coast S&L already agreed to, 66% increase in NSI customers
This list could go on and on. The short term outlook for this company makes no sense. Obviously flippers want to get in and out and time the audit which is why they're so upset. Longs don't get caught up in the short term, we're looking years down the road. The fundamentals continually solidify. Where AMFE was last year doesn't compare to where they are today or where they'll be in 6 months, 12 months, 24 months from now.
In 12 years of trading I've been racking my brain for stocks that had this type of potential growth in the mid to long term. We are on the verge of something great here, and an audit doesn't change that, nor should it change your mind about this company.
I agree completely Macod. I'll add that the next time I do any sort of cliff notes version of what is happening with AMFE. I appreciate you adding on, we need more and more of that. Piggy backing off of each person's DD and sentiments.
I don't believe there is anything wrong with this stock. We've stagnated while shares have been accumulating for quite some time. The potential of this company is undeniable. If the audit was going to have any sort of affect on this stock price we would've seen a precipitous drop. And we didn't. We're still in the channel we've been for the last 6 months. Only those who bought in a very specific window are down 50% it isn't broad based whatsoever. Plus if we look at the one year chart this went from $.04 to $.23 and settled back down around $.13. Still a significant gain and I challenge anyone to find me a stock that went straight up and never retraced back down. To go from $.03-.04 to $.13 in a year is pretty damn good if you ask me.
Thanks. Keep the positivity going. We don't need a few who are short sided to dominate the conversation on this board.
Giving you a follow back
Thanks, and I'll repeat it over and over again just like every other ACTUAL investor in AMFE needs to.
Gave you a follow too..
Thanks Plowmaster
A few thoughts....
-Based on excerpts from emails from Roger to a few on this board we know there are PRs waiting to be released.
-We also know that Q3 numbers will be coming out soon, and we should see another Quarter over Quarter increase. All three locations are booming, alcohol sales have commenced, new S&L in Tempe, Canada's tourist season is about to start.
-The audit obviously was a misstep. Not a big one, but a misstep nonetheless, with plenty of blame to be had for both RBSM and Roger
-The audit or lack thereof has done nothing to the PPS as we're still in the CHANNEL we've been in for months.
-We now know the Market value for AMFE as traders/flippers/longs/shorts see it as somewhere between $.125-$.145, again the CHANNEL
-With all that said, we know there will be updates on NSI/Gro3/and an Uplist coming as the paperwork has already been filed in anticipation of this.
-A stagnated pps predicated on the probability of multiple PRs addressing everything in the previous bullet point.
-With all that said, this is the perfect entry point for anyone doing their research on this stock or for those who want to accumulate more and more shares.
-The accumulation charts continues to increase as price stagnates, at some point a break out will commence, Q3 numbers coupled with A/U will send this sky high.
-As it stands now just with S&L numbers this is a $.20-$.25 stock with no other revenue added.
-New distribution channels, 5 more west coast S&L already agreed to, 66% increase in NSI customers
This list could go on and on. The short term outlook for this company makes no sense. Obviously flippers want to get in and out and time the audit which is why they're so upset. Longs don't get caught up in the short term, we're looking years down the road. The fundamentals continually solidify. Where AMFE was last year doesn't compare to where they are today or where they'll be in 6 months, 12 months, 24 months from now.
In 12 years of trading I've been racking my brain for stocks that had this type of potential growth in the mid to long term. We are on the verge of something great here, and an audit doesn't change that, nor should it change your mind about this company.
Anybody use BarCharts...? Anyone at all... Crickets. They're a hack website which doesn't take into account any sort of fundamentals, only chart analysis. Increasing revs, new locations, and the potential of the company. That's what the longs are here for and why they're invested, why we combat the utter nonsense that is spewed on this board, POTENTIAL.
I just keep accumulating more and more down here. We've been in between $.125-$.145 for the last couple months. Why not keep adding shares down here? And when the flippers were afraid this wasn't going to skyrocket like they had hoped they dumped their shares and guess who was there to pick them up, me and a whole host of longs who understand this company's fundamentals. So yes he definitely helped us out and screwed the flippers all in one fail swoop. NEXT!
Other than flippers I don't see anyone here who is "let down" but more so a position to accumulate and add more and more. In my humble opinion Roger did all of the longs a favor by tweeting out a date he got from a 3rd party that didn't come to fruition. Share price continues to stagnate which is a perfect buying opportunity.
There's just as much of a chance he's correct. You have no idea, not a single person here does
And investors here who have been sitting on their shares for over a year are up 480%. How is that a disappointment?
The float gets tighter and tighter each day. I've been saying for weeks accumulate as much as anyone can afford to. Too many great things happening. Lets say for math sakes at Midtown they do $5,000 a day in alcohol sales. Nothing special. That's $35,000 a week or $1.8 M a year AMFE just added to the bottom line. Now another location in what is one of the most populous college areas in the country and we've got a winner. New distribution, sold out games, I'm only upset that I can't buy even more.
Sidenote, gave you a follow too sir. Really appreciate your contributions on this board.
Stock hasn't died at all. I'm down a whopping 9% since Jan. Not worried one bit. Guess where P*TN is since then. Down 27% smh
He'll drop the hammer, no warning, and people will be chasing this like a motha f****. Luckily for me I took some time off when I quit my job. Had a nice little 4 month adult vacation before landing my new gig. Got a nice refund from Uncle Sam. If I wasn't buying a house, I'd be buying a helluva lot more. Oh well, a house adds nicely to the portfolio of assets.
I honestly believe the audit is done and in the hands of Roger. I truly believe there are pieces moving in the background and he wants to drop the hammer all at once. An influx of rev numbers, Gro3 finally in there, S&L in Tempe finalization so it can be added to the Q3 numbers. We'll get it all at once, and it's up up and away for all of us who understand the potential here.