Monday, May 15, 2017 10:57:21 PM
Some were also buying and selling small amounts (painting), which was causing it to jump up and down. Longs often paint the Ask, for obvious reasons... but when i see Bid painting, it tells me there are some trying to bait people into selling.
If this was a mass diluting penny stock, i would have already been gone, cause its hard to sustain CONSTANT buying... and if there are large sellers, thats not a good recipe when the buying softens, during nap time.
AMFE is not mass diluting and because of the strength of their growth, i dont see the large holders whom are close to the company selling out of fear... There might be some minor selling, but everybody has to know that this is not the highs for this stock. The MATH supports higher price levels, as long as they keep their current pace of growth, which i dont have any doubt about... In fact, i fully expect growth to rapidly accelerate, making price levels that are hundreds of percent higher seem like a bargain.
If one was lucky enough to time the top perfectly, that is great... but otherwise, i see no logical reason to start bailing on this, especially into a dip. On a GOOD stock, you buy the dips.... If you were on the sidelines, watching this amazing story unfold, you would probably be looking to start entering soon, right? Not selling out of fear when its moving back into the table-pounding buy zone.
If it dips any lower, i bet there will be swarms of buyers... I get PMs (not to be confused with PMS) all the time from people that sold. Some of them bailed before it even reached .03 and they have been waiting for this dip, cause the story just keeps growing larger and larger EVERY WEEK.
IMO .06 is possible if some dumb money gets freaked and decides to bail... but for those of us that have done the DD and believe in the long term story here, that would be where we snatch them from their frail clutch.
... and if it drops any lower than .06, look for a quick bounce with not many being sold.
BUT, news could make .07+/- the low as well... We could see a bounce soon and consolidate the indicators while it climbing (super bullish trend), because the story is verifiably strong. It wont take much to get people rushing back in.
My postings contain many opinions. So please do your own research
and validation.
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM