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I hope so. I guess what I’m really asking is: how does a stock pps change overnight if there is no after hour trading on the given stock symbol? Is there an algorithm that the stock market uses? If the increase in price this morning did happen because of the finished audit, does someone have to inform market regulators of said audit completion and then said regulators input that info in to the algorithm? I usually describe this phenomenon to my friends as the “invisible hand” because I’ve never really fully grasped as to how a stock symbol pps can change at all from the eod of one day to bod of the next if there is no after hour trading allowed...
Anyone know why we opened so high today? I mean, we ended at 0.158 yesterday.. and if there’s no after hour trading allowed on AMFE, then how does it open ~0.007 higher than it ended the previous day? May be a rookie question, I know.. but I’m still learning.
Makes sense. Thanks!
Weren’t we supposed to receive news last week about another acquisition?
Is AMFE going to retain Natural Stuff Inc.? Or will Natural Stuff Inc. spin off with IK? I thought Natural Stuff Inc. was going to stay with AMFE?
Thanks for your response! Info was very helpful (from you and the others who responded to my original inquiry). Just frustrated at the moment.. but not worried long term. I'm leaving to travel for a while starting Dec 27 and Im hopin it's gonna pop again before I leave XD not worried if it doesn't though.
lol I do read this board every day.. and typically I see things such as "it's the mm's" or "we are confident in what we have but the weak ones will be shook" etc... and I DO still feel comfortable (AMFE Long and Strong)... but no one seems to explain as to why the pps is dropping..
As someone who is new to stocks and is trying to gain a better understanding of how they work (I got lucky on AMFE and bought 70k shares back in Feb 2017), I want someone to teach me what was considered to be negative about the most recent PR. The pps proves that potential investors/longs weren't/aren't happy about something and I'm curious as to what the disappointment is..
Can someone please inform me as to how it's possible that this stock is dropping in pps after the PR? And no, I don't want answers such as "price manipulation" or "the mm's are doing it" unless you can show me proof (every pink stock claims their woes are due to mm's.. I don't want that bs unless provable.. I want to know what it is that investors saw that they didn't like about the PR).
Was it the lack of growth in profit? Was it due to the fact that our debt hasn't diminished with increased revenue? What could it be? I was ecstatic when I saw revenue numbers.. but felt embarassed to myself once I saw the resulting pps, as I figured we would be at ~$0.23 at this point in the week.
This is all coming from someone who is #AMFE long and strong but is tired of hearing "it's the mm's" without seeing proof. As someone who is relatively new to stocks, I want to know what it is about recent PR that investors considered to be disappointing.
Whenever Rocket starts posting a lot, I just sit there to myself sayin "GET UMMM" like how Method Man does for Redman when Redman is dissin his professor in "How High" haha
link for reference to what I'm talkin bout:
I guess not? Damn :/
Has anyone posted a summarized/paraphrased version of the radio show yet? Not able to listen at the moment but would like to get the gist of what was discussed. Thanks.
What is your source?
Not sure how many people pay attention to S&L's Instagram.. but I do lol and it seems as though S&L has some employees that are working through the night (and are happy while doing it) for some event called "Catanathon"
(I believe it's an event tied to fundraising to fight against cancer). The reason I bring this up is because anytime you have a group of employees (like what is seeing on S&L's Instagram) who are working through the night while being happy to do so means that there truly is something special happening! That's dedication!! AMFE LONG AND STRONG!
Thank you for the insight!
Last question: Are we (Gro3) still the only company competing for the "anti-pesticide" MJ industry? I got in in Feb, and I know we were the only company back then but I'm not sure in regards to the present.
Do you have an idea as to why the patent is still pending?
My roommate works at Korova in Oakland CA (he makes edibles). He says that he's worried that he might be out of a job because they have to throw out/return so much weed due to pesticides. Kinda ironic since he makes edibles.. but I guess pesticides aren't allowed for edibles even.
WOW! GREAT job! This is amazing!
Side note: does anyone know if the new acquisition (the one that is supposed to be as big as the S&L acquisition) will be for AMFE or is it going to go with the IK spinoff? I'm assuming AMFE but I figured I would ask for clarification.
I stand corrected, thank you. Idk if a mod can take down my original post or not.. but if they can, then please do because I don't want to mislead anyone.
Yeah, I remember. One of the reasons I'm not worried :)
I swear, Amfil is the only company I know where its stock drops if the news isn't a grand slam lol. The franchising update is GREAT news but it's not a +$10 million dollar deal from GroZone so the price drops haha it's tragically comical.. oh well, I'm not worried in the least. #longandstrongbaby
Oh, I know Roger is a solid CEO.. and I usually appreciate the tweets.. I'm just sayin that he may have let too much news out at once is all. I'm in long as well and I know it's inevitable that this will go up again
Hope so! I'm in this long, so I'm really not worried for the future since I know Amfil is such a solid company.. but still, my days were better when every day was green haha
I think we may have screwed ourselves on the day Roger sent out a bunch of tweets in one day (if you've been invested in this for a while, then you know the day that I'm talking about). Reason why I believe that is because we haven't received any NEW news since that day.. Yes, Amfil has never (before yesterday) officially set the date for its reduction in shares.. and yes, Amfil has never given a real timeline (before last week) as to when franchising will begin.. but all the news that has been released over the last couple weeks have been news that we already knew was coming. If we want to see this puppy bump again, then we need NEW news..
Roger is PISSED. Look out shorts, we're comin for ya!
Anyone notice that S&L started following 401Games on Twitter? I just received a notification to follow 401Games with S&L.. and I don't know if that's new or old news.
In all honesty, I thought today was Friday when I made my previous post hahah
The 3 cent drop today is due to no news being released this week (as was promised). Yeah... I get it, Saturday and Sunday still count as "this week" (semantics).. but this is why it's dropping. Not to worry though, news WILL hit and the price WILL rise once again. It's only a matter of time.
Wouldn't a share buyback have the same effect as an RS but without the negativity involved?
Agree 100%!
Not sure if anyone has posted this yet but it was just published today and is definitely pertinent to AMFE: http://www.reuters.com/article/us-usa-marijuana-environment-idUSKBN1AM0C3
Maybe I was a little hasty with my concerns. I'm relatively new to stocks and the only experience I have with a stock doing an RS was Delcath (DCTH). Technically, I didn't own stocks at the time in DCTH but I bought in later and lost ~$500 and saw what the RS did to their shareholders. I guess you could say I have a bit of RS PTSD lol
I wish it was possible to "like" posts on iHub.. because I would "like" your last post XD
"This company is on pace for $20,000,000++ revs..." then what would be the point of an RS??? If we do $20,000,000 in revs, then there is absolutely zero reason whatsoever to RS except for impatience. For God's sake, please stop talking about RS as if it would be a good option for us. Rocket, you're like the leader of the AMFE shareholders.. you know that we will organically get to Nasdaq over time!
They better not RS.. There is no reason to other than impatience. I have 70,000 shares. I don't know what percentage that would be but I honestly don't care because that's not what I'm here for. I'm here for the $700 I get for every cent increase. I know this stock price will increase over time.. it's inevitable. But, if AMFE does RS just to get on Nasdaq, then it will break my heart since anyone who is being realistic knows that there will be massive dumping following an RS.. and sure, the stock price may increase again after the RS but who knows how long it will take to increase again? As someone who has been in since $0.029 (averaged up to 70,000 at $0.039) AMFE has done so much and is a GREAT penny that will organically grow to Nasdaq at some point.. I really hope they don't ruin it with an RS.
The only reason anyone is invested in FDBL is for Fan Pass.. and the fact that they're spinning off Fan Pass as its own stock shows that the people running FDBL really don't care at all about their shareholders. They screwed us all.
Can someone explain to me how we're fluctuating between 0.225 and 0.18 with only ~800,000 trade volume? Don't get me wrong, I know that's a high volume for this early in the day.. I'm just relatively new to stocks and have seems +5 mil volume trade days fluctuate less than this.
Just so you know, if you "sold the news" on this stock, then you would have sold at ~0.09 when our last piece of news came out... idk about anyone else, but I'm glad that I haven't sold on the news on this stock. Been in since 0.039
DUDE... I was in that stock from 0.13 until 0.55 :( shitty indeed (however, now it's at 0.136 for some reason...)
I think he means $5.00 lol
Thank you Rocket!! That was a much more detailed answer than I was expecting but it was absolutely perfect!