Tuesday, June 06, 2017 3:26:56 PM
What subsidiary do you think has been contributing the most to the run? The long term climb started when they purchased Snakes
Heck, Roger could hire an IR firm tomorrow and we spike through .10 from them alerting their group/buying power, to do DD on AMFE... None of us (other than insiders) know what could bring the interest back.
Right now, its all about technicals imo... Others will disagree and thats cool, but this stock has proven that it reacts to key trend shifts... The random people that show up and post a chart every now and then is another indication of how many are watching for the trend shift.
If longs want to help their stock the most, they would buy on news days, right when the market opens... cause the difference in a PR breaking a stock out or not, is often decided in that first 5 minutes of trading... If a stock does not react with force, right away, the new interest could think its a dud and/or factored in and move on... UNLESS the chart is consolidated and soooo sexy lookin, they feel SAFE taking a position. THIS is often the difference. When you have a sexy chart setup, you only need to get eyes on it. When a chart is overheated, you need a VERY good reason/powerful news to get people to chase it to even higher levels.
The previous PRs were released while the indicators were screaming hot and personally, i rarely chase stocks anymore. The first thing i do before i ever buy a stock is look at how it was basing/trending before the news = chart.
We are almost there. I think Roger is well aware of what is needed and hes about to hit us with some powerful back to back PRs
Enjoy your day
My postings contain many opinions. So please do your own research
and validation.
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