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Yeah Top, agree with your hypothesis has had a hand in the stagnation of the pps but the bigger picture I believe is the two reasons I laid out. Amfe has such a stellar record with just a few delays that have slightly tainted that record for the short-termers. I'm just going to focus on the underlying fundamentals and leave the short term stuff to traders, flippers, MM's, and weak hands.
Yeah, hopefully the revenues gained will be worth any dilution that takes place. From the sounds of it, SB has that covered.
Hey Tuna, just glad to be part of the Amfe family. Of note, I wanted you to know that about 3 months ago, my wife and I began calling my 4 year old daughter "The Tuna Pester". Seems to really fit her! Trying to find a suitable Amfe call name for my 8 year old son. Have a great weekend and as always looking forward to reading your highly optimistic posts. Amfe will not be denied it's rightful place beyond pinkland!!
Yeah, SB really is a force to be reckoned with. Love his vision, energy, and his understanding of the markets and how to capitalize on those markets. Very impressive CC.
It does sound like probable additional dilution is in the future cards as per Steve, but if the benefit negates the downside, I'm ok with some dilution.
Yeah, agree which is why I think he is incredibly gifted.
AMFE's pps stagnation is simply the result of being in pinkland and not having an IR Dept really focus on getting out the word My own frustrations at times are mainly due to the fact that there is a great disconnect between the company and the market. I've finally come to grips with that and from this point forward will completely disregard any short term issues and completely focus on the big picture which has always been my strength anyway. My cautious optimism has been morphed to just optimism until there is a fundamental reason not to be. This company has way too many positives going for it to be even remotely negative. Uplisting is paramount. We're too pricey for pinkland. We simply don't belong here. Roger, Ben, and Ambrose have given us many reasons to be Long tbis stock. Why fight it???
Steve Berman is either a manic with delusions of grandeur, or one of the most gifted CEO's on the planet. My vote is choice B. Go ONCI!!
The deal is the first of likely many. They grow their own cannabis and have authorized to acquire more acreage. What's great about the company, other than no one knows about it for now as evidenced by the fact there isn't even an ihub board until I created it the other day, is that they have both a cosmetic line as well as a pharmaceutical division. The way I see it, as we wait for the pharmaceutical aspect to start coming to fruition, we have the cosmetic line closing huge deals with the revenue to go along with it to fund further growth.
Just getting caught up on the day's events and was really impressed with the PR. Roger is running this company like Apple or Google. He really is pretty unbelievable with what he has accomplished in a short time. This week will still likely end up being flat, but that pps recovery was awesome. Truly shows the underlying strength of the Longs. Onto the uplist. The dominoes are starting to fall much more quickly.
Yeah, there is no argument that one can dream up that would rival that simple fact.
Geez, it's a good thing I've been an ER provider for the last 16 years and a combat medic before that and know something about grace under fire or else this heat I'm getting from you might have caused me to go find a safe space.
That's good to hear. This week may not work out fantastically, but long term temains intact. In my big picture view, Roger will be looked upon as one of greatest CEO's of pinkland history.
That's not being bearish, that was simply inquiring why the drop with some deadpan humor. I didn't check on the board that day until after market close so I was a little surprised by the significant pos drop. Don't stroke out on us Rocket, I'm no Quiet Storm.
Agree, no reason to widly chase...yet.
Not saying they have. Just stating tbis week may not be all roses and rainbows. Long term is fine, but longer than anyone. even Roger has expected.
See my response to key west kim...sums it up.
Yeah, you may be right, but folks have been saying this for weeks on end. The good news...you're bound to be proven right one of these weeks. I'll be there to pat you on the back.
I agree, but I'm not trying to be overly bearish, but I simply don't see any overtly significant factor this week that will spark a significant uptrend. The tweets are good. no doubt, but I just don't think the market cares. I hope to be wrong, but for now, that remains my hope.
Hey Tuna, good morning to you. You being the most optimistic person on this planet, everyone, even the Dalai Lama is more pessimistic compared to you!! I actually have always considered myself a cautious optimist and a realist based on the big picture. It has saved me from almost certain disaster with several "promising" penny stocks where I got out prior to incurring a big loss. The fact that I don't see this weekend being particularly good doesn't by any means take away from my belief that the company is still full steam ahead despite some bumps in the road. If my view changes to a blatant pessimistic one, believe me, everyone here will know the stark difference. Hope you are well and enjoy the day!!
Thanks Rocket for the info. Yeah, definitely sounds like it is lining up for some massive sales.
I do, in the sense that we will be flat to slightly down...unless we get some unexpected news that has a huge wow factor. If a 20k% year over year revenue growth doesn't incite an investor frenzy, then anything less spectacular probably won't either.
Looks like this week will also be a bust as we continue to wait for the execution's of upcoming catalysts. I wouldn't be surprised if we test some recent lows as more folks lose their patience. Their loss I suppose. Speaking of upcoming catalysts, has anyone heard any new info regarding Nintendo switch and BvsB?
Mgclf looks like it's finally got it's mojo going!! 40 million in new revenue and at least 1 million more in revenue with the new case study for epilepsy. This ticker is completely unknown by the general market being an Australian stock, but won't be for long. At 0.06 pps, this company has only just started warming up!!!
I would be all for that, but I don't see it happening this week.
Goodbuddy...message received. Not a problem.
Thanks Tuna! I think from here on out, I will simply focus all my attention on the longer term aspects of this company and not concern myself with the short issues the stock may have at times. The company is a monster in the making and the only regret I have is the fact I didn't use my intuition that was telling me to buy in big at 0.02 instead of waiting till 0.07. However, I certainly am glad I listened to that intuition at 0.07 instead of waiting till 0.16, so there is that. Have a great night Tuna Man!
Agree with you. I think for now the expectation probably should be more of the same. Any surprise to the upside will be a gift. Once the near term catalyst are executed, the likelihood of this heading to the next level becomes so much more realistic. I am content to let do his thing as frustrating as this stock can be at times. No one, especially that damn Alan Brochstein can deny what Amfe is...a monster company in the making.
Yeah, many will regret having either been in this stock and left early or passing it by when they had the chance to get in at basement prices. The lackluster technicals can only trail the outstanding fundamentals for so long, but I do believe it will be longer than most of us anticipated.
Intuition can be very powerful as it gives you a different perspective on things that TA and fundamentals simply cannot always provide. I use intuition as an integral part of my medical decision making. The problem is, one cannot show evidence of intuition and therefore it is very difficult to prove your logic. My intuition is telling me the market has an unfavorable opinion of Amfe, and although maybe not the best example, our recent tussle with Alan Brochstein from SA and his comment regarding Amfe as basically a crap penny restaurant stock I believe is what the common perception is out there on this ticker. Many don't even want to bother doing any amount of DD because they have already made up their mind that it is a crap stock. I keep returning to my theory that Amfe is a bit complex and requires some extra DD to really understand just how great it is. While uplisting is very important, I believe it'll take more than just uplisting before we can change investors from an Alan Brochstein's state of mind to a Rocketstocks state of mind. I am really beginning to strongly believe that the Longs here are just way ahead of the curve and will just be all smiles once the market catches up to us.
It's what I referred to in a previous post as the X factor, which is the intangibles that cannot often be determined by TA, and even fundamentals for that matter. Right here and now, the market has an adversion to Amfe despite many fantastic qualities and catalysts. I'm sensing that the uplist itself may not be the driving factor that really gets this going. I feel it may not be until next fins are out at which point we will be uplisted and many of the catalysts we talk about today will have finally come to fruition.
I'm doing my part...another patient of mine will be ordering from HLT for chronic pain and insomnia. Patient won't touch narcotics. Don't blame him. Opioid crisis is out of control.
Just getting the news. It's an interesting acquisition and will likely be quite successful, but as we all know there is plenty of competition to go around. I think the best part of this deal is that Roger was able to pick it up for 750k shares, which ar these prices is around 125k, but correct me if I'm wrong on that. If correct, this is one phenomenal deal. Exceedingly low risk, potentially very high reward.
Absolutely. As I said, this could be a MAKE or break week for the stock. It has shown weakness of late despite record smashing numbers, which likely has affected sentiment to a degree among some. I think any more missteps will have a greater negative affect...in the SHORT term. Calls for 0.50 and above by EOY are probably a bit unrealistic as the uplist will take some time to finalize. Even with the uplist, the market may not be ready to embrace Amfe. If we gain and hold anything above 0.25 EOY, we should consider ourselves very lucky.
There is a distinct possibility that if this week ends up being a bust, the pps may notch down. It won't collapse by any means, but may retest previous lows. As I said, it would be short term as the long term outlook remains strong.
Yeah, I have to agree it played a role. I rushed home from work to listen to someone talk for 15 minutes about his life. Very interesting in another setting, like the lot of us sitting around a S&L, but not so much for a CC. Was disappointed Roger couldn't make the CC, but what can you do?I think because of the minor missteps as of recently it's starting to weigh on some folks. This stock is on the fragile side right now. This week could make or break it, at least in the short term. Other than some delays, nothing long-term has changed.
Yeah sure, I guess. I think maybe the virtue of patience is coming to an end for some.
Wow, a substantial red day today. What, did someone leak some bad news or something?
Yeah, I know. But, Amfe is worth the effort, and who knows, maybe one of these guys will just look at the numbers Amfe is putting out and the light will go off. Was enjoying the volleying back and forth between Alan and Investor Wisdom...aka Rocket?
Great job Rocket. If even this one author becomes a Amfe believer, it could go a long way in helping this stock from being overlooked/unloved to being in the spotlight where this stock deserves to be.