Wednesday, July 12, 2017 6:40:04 PM
IMO not enough people know of this stock to buy it up to the proper valuation of the Snakes sub, yet. We are only trading about 2-3X forward revenues. They had $2m+ in distribution orders last Q alone, not including the Snakes locations. Those 2 orders were more than the TOTAL previous quarters revs, which was a record Q.... and #3 is about to open...
Dont confuse NORMAL consolidation for fair value. The trend is still up. IMO Snakes is worth 9 figures, easily. Its a first class biz trading for a discount... In the future, when you look back at this point in time, it will be similar to looking back at the consolidation at .02. Do you even think about it anymore?
All massive growth trends have periods of rest. Its part of the markets. Gotta stay focused on the overall picture to hit the fattest gains... If you are looking for more volatility, check out some micro cap subbers while this one gets ready for the next leg. AMFE is not like those types of stocks anymore. Its a medium risk growth play, not a high risk startup.
My postings contain many opinions. So please do your own research
and validation.
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