Amfil Technologies Inc (FUNN)

[recinvestor]

Today's trading. Earlier I saw .069 and .07 get hit Immediately followed by an undercutting ask at .065.

A couple possible scenarios.

An inexperience trader who has no idea how to trade decided to put shares for sale half a penny lower than what was just sold. Makes no sense, unless you're inexperienced. Sorry, but I don't follow the lead of inexperienced traders.

Another scenario is manipulation. As soon as this showed some green, market makers stepped in to keep it at bay so they could accumulate, or keep the current channel as this low volume creates opportunity for a short position based on the large spread. They may have dropped the ask by half a penny when .07 hit to scare others into selling, or create the perception that the "sky is falling". Here, I don't buy into or follow the manipulators either.

Stepping out to enjoy the day, no concerns where this ends up end of day, end of week, or end of month. I have nothing but time with this one as I believe it's one of the best growth stories I've seen on the OTC.

Go AMFE
Rec