Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Looking nice and thin here.
DFCO play is a low float (less than 40M shares) stock with recently updated filings to achieve current status setting up for a strong move to the upside.
Go DFCO
Rec
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, keeps me holding long, just as the previous time proved to be a rational decision 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
It can be quite exhausting trading in and out of many different positions and constantly watching your back to make sure you get out before the inevitable implosion that 99% of OTC stocks wind up doing.
Enter AMFE...
I’ve truly enjoyed just holding AMFE, while having the TIME to accumulate and become intimately familiar with all the inner workings of the company.
Speaking of time...
One rarely finds a gem like AMFE at the current investable price levels with the amount of long term potential. Couple that with the fact that the current price levels have allowed many to accumulate sizable positions, and you have life changing measures that can play out for those who are patient and willing to give AMFE the TIME to fully develop into the blue chip path it’s currently on.
Long AMFE
Rec
The audit cost is $45,000 as per the auditors engagement letter that was filed to OTC Markets September 7, 2017.
http://www.otcmarkets.com/financialReportViewer?symbol=AMFE&id=179045
Audit of the company’s consolidated financial statements for fiscal years ending June 30, 2017 and 2016 at the cost of $45,000.
Review of the company’s quarterly financial information for the fiscal year ended June 30, 2018 at the cost of $7,000 per review.
Long AMFE
Rec
The easiest stocks to sell are the ones that make you a little money quickly.
The hardest stocks to hold are the ones that make you a lot of money but take “forever”.
Last year I had more unrealized gains with less effort in AMFE, than I did with any short term realized gains on short term flips and trades in all other small cap stocks combined.
I like my chances of making A LOT more money over the long run holding AMFE, than what I’ll make in short term flips and trades where I have to pay capital gains based on my income tax bracket.
Long AMFE
Rec
Pristine empty shell here with DFCO.
Float under 40M shares and no toxic debt.
I’d use this following analogy:
DFCO is like an empty retail space that’s been vacant for several years, but recently completely updated and remodeled. One can only assume this activity was done with the intent to have an entity move in, and once that takes place, business can flourish.
I’ve scaled in here over the last 3 days and will patiently wait to see why this remodel was done, and for who.
The pristine condition makes this a prime target for a reverse merger :)
Go DFCO
Rec
Swipe left on your app and hit reset.
What you’d like to know is here:
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Provides-Shareholder-Update-On-The-Company-Audit---Uplist-Process?id=182156&b=y
Long AMFE
Rec
However, this is the first time Roger Mortimer has gone through an audit process, and it’s for 3 years over several subdivisions of his company.
Regardless of how this FIRST audit under the CEO goes, I expect it to be completed AND for ALL future audits to go much smoother.
Long AMFE
Rec
That wall is likely an experienced investor taking advantage of relatively low volume to induce selling into waiting bids.
Some may argue that it’s an inexperienced newbie, however in this case, I lean toward the side of it being an experienced investor taking advantage of low volume.
If volume and number of trades increases, the experienced investor will break up the order and or remove it completely.
That’s just my take based on the accumulation and action over the last few weeks.
Go SIPC
Rec
Smart money pressuring the ask to apply pressure on the bid side knowing that in order to close the wide spread from low .18’s bid side x low .19’s ask side, they must push the ask higher to bring the bids higher.
Even though the spread is still wide, it has now moved from low .18’s x low .19’s to low .19’s x high .19’s.
That’s smart money at work!
I don’t mind the wide spread at the bid and ask, as long as the spread stays consistent and moves higher. But that won’t continue for long.
The bid and ask always tighten as volume and quantity of trades pick up. And I have no doubts that will take place, and to the upside.
Long AMFE
Rec
Back from NAMM and locked in with a couple million shares now.
This week for AMFE should provide some extra volatility, purely based on perceived expectations of a very highly anticipated company catalyst.
Be confident in your choice to invest in AMFE, backed by the due diligence that you’ve verified, regardless of price action.
My decision to hold AMFE long will not be swayed by the completion, or lack thereof, of the audit / uplist this week, but rather by the solid backbone and strong underlying fundamentals that are already in place.
Shout out to Jaymeinnyc, friendly from an old guard ticker that I still hold some shares in. We did well with that one too :)
Long AMFE
Rec
Evening all, been dealing with NAMM the last several days.
Looking forward to this coming week for VATE and SIPC!
Each are positioned nicely for a new uptrend based on recent news catalysts and support levels that have held.
Go SIPC and VATE!
Rec
The number of shares traded, relative to the size of the float, and any price fluctuations, can say a lot.
To me, the number of shares in VATE that have been accumulated in the .06’s, is a healthy amount and I have to assume those shares will be held for respectable gains (relative to expectations for gains in the OTC).
In addition to the shares being collected in the .06’s, one can assume that those shares are being added to existing core positions from lower levels that are possibly free riding and or on lock down.
Viewing the VATE chart, the A/D line (Accumulation/Distribution) has trended higher, which means investors are buying more than selling.
So, combining the above with the knowledge that the float is only 64M shares, and calculating the volume over the last several weeks, I believe there are a good amount of shares being held, limiting the supply of shares available, which will ultimately allow the price to move higher with just a little bit of sustained buying pressure.
This is not an exact science however, and no one can control what others decide to do and what life events and individual goals impact their decisions when to buy and sell.
Generally speaking though, all of what I’ve outlined above leans toward the bullish side.
Go VATE
Rec
VATE Feet on the ground due diligence.
Thanks for sharing bears3434!
Go VATE
Rec
VATE BRR - bid repopulation rate as I recall it...
Great observation!
Bids have continued absorbing any sells in the .06’s and the .06’s are holding well.
Over the last week or so of trading, about 1/3 of the float has turned over.
A new solid base is forming.
Go VATE
Rec
My apologies if I missed that initial greeting.
I kept your post from earlier today so I’d be sure to come back and offer you a proper welcome :)
AMFE is one of the only OTC stocks I’ve ever gone against my rule for principal dollar investment.
I can’t even begin to cover all the segments of AMFE without writing an essay that I feel would rival the Encyclopedia Britannica in length and scope, lol.
However, I will say that I’m as bullish on AMFE as I’ve ever been and have consistently bought shares at all price levels, including today.
Any questions you have, feel free to ask the board, or PM me if you’d like.
Lastly, I rarely share as openly as I have about my exact positions in a stock, but in celebration of AMFE’s transparency, so too do I.
Long AMFE
Rec
Jaymeinnyc, always great to see an old friend.
I’m thrilled you found AMFE and initiated a position.
Welcome and much continued success!
Long AMFE
Rec
There’s no gap to fill! Yesterday’s price hit .187 and today’s price has traded below .187.
There’s only a gap when the opening price is above or below any of the previous day’s high or low range.
Please stop with the unnecessary gap talk.
Additionally, there’s likely a reason the intraday highs vs the closing price are acting out as they are. This helps to avoid actual gaps that often get backfilled.
Long AMFE
Rec
AMFE fresh trading insight and observations.
Watching AMFE trade over the last few days, I’ve noticed CSTI being very active on the bid and ask. They’re absorbing shares both ways, and in our favor.
CSTI is Canaccord Genuity.
http://www.canaccordgenuity.com/cm/
Canaccord Genuity (CF) is a publicly traded company on the TSX. That’s the Toronto Stock Exchange.
Isn’t Snakes and Lattes first 3 locations, including their newest flagship franchise model location in Midtown, based in Toronto?
Connect the dots...
We already have some institutional investment representing either their own portfolio, or managing a private individuals account per one of the many wealth management services they provide.
Specifically, I noticed CSTI being way more active as of yesterday. That was the first trading day after AMFE had their first filing of the OTCQB uplisting process.
And CSTI was the bidder showing that 300K bid going into the close.
I believe we are just beginning a slow and steady climb over an extended period of time.
Long AMFE
Rec
We’ll recognize institutional investment via market maker lineup.
Simple as that.
Look at any active OTCQB / QX stock and you’ll see institutional MM’s lined up with much tighter spreads. Two examples are MCIG and TRTC. Pull up Level 2 tomorrow and you’ll see exactly what I’m referencing.
Additionally, there will be far more activity with the number of trades intraday...meaning less lulls in action.
For those who watch AMFE day in and day out, this behavior should easily be recognized.
You’re correct in saying institutional investment may not happen immediately, but I’ll give credit to Roger Mortimer for his efforts and wherewithal over the last year of planning to uplist, to have already set in motion actions that have or will grab the attention of larger investment firms.
A company doesn’t go through the uplisting process otherwise.
Long AMFE
Rec
Snakes and Lattes IS the leader within the board game cafes. With the popularity rising, franchising is an excellent way to continue building upon the already successful brand.
If one is going to open a board game cafe, who wouldn’t want to open under a recognizable successful brand that also has the added perks of revenue sharing via sales from exclusive gaming titles (including self published titles from the publishing side of AMFE) sold in the individual franchisees locations.
Set up within a proven successful framework via a Snakes and Lattes franchise :)
Long AMFE
Rec
I believe institutional investors seek transparency first, growth prospects second, and fundamentals third.
Transparency comes in the form of audits and consistent open communication with the investment community built on press releases and general brand awareness promotion.
Growth prospects are considered by viewing expansion rate and general market acceptance and adoption of products and services offered.
Fundamentals are judged on financials.
All three of the above are in play for AMFE in the earliest of the most legitimate stages.
This is why institutional investment would consider AMFE as a long play.
I’ve said before, imagine being in an investment before institutional money pours in.
There are no guarantees that we’ll see that type of investment come in, but AMFE’s track record speaks for itself as they’ve fought their way off the pink sheets (actually in the final uplisting process), built a successful recognizable brand, slowly expanded using non toxic self funded methods, and communicated openly with investors for the better part of the last year and a half or so.
If the ingredients of a recipe call for pizza, it’s likely going to be a pizza, even if it doesn’t explicitly say it’s a recipe for pizza.
If the markings are there for institutional investment, money will likely come pouring in once we are uplisted and certain restrictions that disallow institutional investment in AMFE are lifted.
That’s your answer.
Long AMFE
Rec
No argument there...but in both directions.
ASCM was short squeezed and had to cover at higher prices.
If anyone is carrying losses right now, the bulk of that is likely ASCM, not retail.
Spin it however, but this is how I see it.
I sold some of the higher levels and have re-positioned accordingly at what I believe is a new base from which to start trending higher again.
VATE’s float can’t be argued, and that’s the underlying main attraction. I’m ready for this next uptrend.
Go VATE
Rec
Some retirement accounts aka IRA’s and 401K’s, only allow trades up to 5K shares on OTC pink sheets.
Long AMFE
Rec
The wick in the candlestick is included in the price action. I don’t see any gaps on the daily that need to be backfilled.
I know it’s been said many times before, gaps don’t always need to fill. Especially in the case of a breakaway gap.
Long AMFE
Rec
VATE chart looks nice, especially the accumulation taking place over the last few days.
I bought back a few shares today. Yes, I’m guilty of trading some, but no apologies for that. One buys in order to sell. And I sold with the intention of buying back when the timing was right.
I like the current setup.
Still, the number one reason I’m attracted to VATE is for the float: only 64M shares!
Go VATE
Rec
VATE chart looks nice, especially the accumulation taking place over the last few days.
I bought back a few shares today. Yes, I’m guilty of trading some, but no apologies for that. One buys in order to sell. And I sold with the intention of buying back when the timing was right.
I like the current setup.
Still, the number one reason I’m attracted to VATE is for the float: only 64M shares!
Go VATE
Rec
Obviously price has moved higher, but more importantly...
There has been a very healthy increase in number of trades (325+) and total dollar volume.
This in itself is one of the more telling bullish parameters that I’m pleased about.
I suspect we will see this continued healthy trend of higher total number of trades and dollar volume as the week progresses to reflect the expected accomplishments that AMFE is coming through with.
Long AMFE
Rec
Major Hemp Brown Ale coming to Minnesota?
Several months back, I was visiting family in MN and in one of the local restaurant / pubs in the popular Uptown area of Minneapolis, I ran across a brew from Crazy Mountain Brewery.
SIPC provides hemp seeds to Crazy Mountain Brewery and partners with them to market Hippie’s Hemp Brown Ale.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-and-Crazy-Mountain-Brewery-Agree-on-Hemp-Supply-and-Co-Marketing-Terms-for-Hemp-Beer?id=126329&b=y
There’s no reason to doubt that this relationship is still in play, or could be easily rekindled. And with distribution already established in the Midwest by Crazy Mountain Brewery, one can formulate with reasonable logic that SIPC and Major Hemp Brown Ale could make an appearance in Minnesota.
Link back to this post:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133409041
in order to see pictures of Crazy Mountain Brewery on the menu and additional historical information that helps bring SIPC into present day perspective and how far they’ve come.
Go SIPC!
Rec
Major Hemp Brown Ale coming to Minnesota?
Several months back, I was visiting family in MN and in one of the local restaurant / pubs in the popular Uptown area of Minneapolis, I ran across a brew from Crazy Mountain Brewery.
SIPC provides hemp seeds to Crazy Mountain Brewery and partners with them to market Hippie’s Hemp Brown Ale.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-and-Crazy-Mountain-Brewery-Agree-on-Hemp-Supply-and-Co-Marketing-Terms-for-Hemp-Beer?id=126329&b=y
There’s no reason to doubt that this relationship is still in play, or could be easily rekindled. And with distribution already established in the Midwest by Crazy Mountain Brewery, one can formulate with reasonable logic that SIPC and Major Hemp Brown Ale could make an appearance in Minnesota.
Link back to the post I’m replying to in order to see pictures of Crazy Mountain Brewery on the menu and additional historical information that helps bring SIPC into present day perspective and how far they’ve come.
Go SIPC!
Rec
SIPC solid organic growth, follow the picture story:
Hemp Beer started in kegs
Passed regulatory measures and found local distribution
Next stop, cans for national distribution
How do you think Samuel Adams, or any other small local brewer started out?
I love being invested in these early stages of a growth company :)
Go SIPC
Rec
SIPC solid organic growth, follow the picture story:
Hemp Beer started in kegs
Passed regulatory measures and found local distribution
Next stop, cans for national distribution
How do you think Samuel Adams, or any other small local brewer started out?
I love being invested in these early stages of a growth company :)
Go SIPC
Rec
Well reasoned points Sleek :)
Got some cash to burn...
Might want to round out the position Monday...
Best way to apply pressure is to have a decent sized bid that moves up in sync with steady buys at the ask.
The bids are like jabs, ask slaps are the power punches.
We’ve had a lot of jabbing as we feel the opponent out. But we’ve received a strong signal that it’s ok to open up a little and go for that knockout power punch.
Time to step up the game.
Have a great weekend all.
Go AMFE
Rec
Macod, Amfil Technologies is incorporated in the state of NY. You can search the New York Department of State filings here:
https://www.dos.ny.gov/corps/bus_entity_search.html
And you will find the below filing with the NY DOS (Department of State).
Go AMFE
Rec
Initial Certification Documents Requested for Uplist to OTCQB Exchange.
2 page filing here:
https://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=185842
Screenshots of filing:
Go AMFE
Rec