Amfil Technologies Inc (FUNN)

[recinvestor]

These V shaped dips offer the best of the worst in the market.

This is as good a look at the ugly market manipulation that takes place regularly, at the cost of the average everyday investors. Market makers will take out stop loss orders on the way down as they short, and often quickly cover that short position, causing a V shape formation on the intraday chart.

In addition to taking out stop losses on the way down, this activity creates panic and worried investors who think the sky is falling, sell into the drop, fueling the sudden rapid move down.

For the investors that have "been around the block", this can be spotted a mile away and they ready their orders to add on the pullback. Once the bottom appears to be in, rapid progression and a fight to outbid or slap the ask on the way back up, fuels a quick return to previous levels, or at last more reasonable levels. For those that can accept and stomach this activity, it's the best of opportunities the market provides.

Please stick around. I believe AMFE has tremendous upside, upside that is based on solid fundamentals from real and profitable brick and mortar retail locations in Snakes and Lattes.

Add in the medical marijuana side of the business with GROzone that looks to be quickly coming out of the development stage, and entering into the practical use phase, and we have a whole new set of revenues that will be coming in by which we can develop new higher price targets based on P/E ratios and fundamentals.

Go AMFE
Rec