Some observations...interpret how you may, just sharing some thoughts.
My orders have always been routed through NITE.
Earlier I had a standard limit order in on bid for 250K shares at .076 and it got tapped for 5K shares.
Soon after, a large order for 229K shares went through at .07, completely bypassing my order and a few others at higher bids than .07.
I changed my order and saw my 245K bid, but soon after it was hidden by a higher bid.
Manipulative games are being played. Unfortunately, I alone, don't have enough money, or time, to always play back in order to counterbalance these games.
Why am I not slapping the ask? Because of the manipulative behavior I've described above. I'll wait for this to pass and play out. and I believe strongly that it will.
Why will it pass and play out?
Because the fundamentals behind the brick and mortar Snakes and Lattes locations and the distribution fulfillment center are in place, and AMFE is seeing realized profits alongside their tremendous growth. AMFE has a sustainable business in place and a very safe and reasonable expansion plan.
Often times the investment mentality of investors at this OTC tier level is short minded. The attention span and patience level is short. In other words, if a stock isn't moving higher near term, on to the next.
For those who have done the research, patience will be rewarded. Once we uplist to a higher exchange, the mentality of those who invest in OTCBB/OTCQX changes from short to long. And there's good reason. The companies that uplist provide transparency via audited financials and timely filings, which in turn attract larger investment that is willing to hold in order to reap the benefits of a company like AMFE that has a sustainable growing profitable business.
For now, let the games continue. I am almost certain, once the uplisting occurs, there will be some major investment pouring in that will help bring AMFE to the appropriate price levels, which is much higher than where we stand right now.
Lastly, for what it's worth...I have not sold any shares (except for an early flip a while back when I first started building a position in the .03's), and I do not plan on selling any shares for some time. I know what I own, am not willing to play games and risk possibly losing shares trying to buy back, and most importantly, have the patience of grass and wet paint under the watchful eye.
Go AMFE
Rec
