This might be a long reply...
As the share price in a security rises, the number of shares traded often decreases. So I'll be paying more attention to dollar volume and MFI (money flow index) than number of shares traded.
At this point in time, at the share price we're at, it would take a very concerted, or well planned and orchestrated effort to see volume in the 30 million range or higher.
I'd be wary if we get that kind of volume before an uplisting and or absolutely epic news to justify that kind of volume. Why? Because it would suggest a promoter entering and bringing their followers. Those are the kind of traders we probably don't want coming in.
Part of what makes this board, and stock, such an enjoyable place to congregate and be invested in, is the respect by which we all communicate, and the slow and steady organic growth AMFE is seeing.
Barring the uplisting and or insanely epic news (not that we don't have epic news already), we don't want the drama and riff raff that comes with a promotion, and I'm sure AMFE doesn't want that either.
For those that believe in conspiracy theories, this may be in part why we're seeing such a slow and steady move that hasn't exactly lined up with the pace of the company growth, that properly reflects a price per share to match the underlying fundamentals.
Market makers or other powers that be, may be using their influence to control or manipulate the trading action so as not to mess things up for a good company with solid fundamentals. In due time, they will let this breath and continue taking the price up in a methodical manner, to time the arrival of .25 with the uplisting.
The thing about a stock price moving too quickly, is that smart money knows when to sell, even when long term they feel they have a winner. If AMFE moves too quickly, a sell off may happen, and the timing of possibly hitting a quarter won't align with the timing of an uplisting to OTCQX.
Keeping a slow and steady pace, generally helps in keeping people steady and parked with their money invested.
So the "conspiracy theory" is that larger forces in play here, are controlling the price and will s l o w l y bring it up to a quarter, all timed with audits being completed and SEC regulatory approvals coming through for an uplisting to OTCQX.
Don't get me wrong though...I'd love to see an uptick on shares traded intraday, I just don't want it to correlate with a promotion.
Rather, if we get share volume in the 30 million or higher range, I want it to be on the merits of a company catalyst.
Go AMFE
Rec
