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Wednesday, July 26, 2017 12:19:27 PM
The management is also the best in the sector, that i have found... and ive studied many of them
How many pennies have deals with companies like Nintendo, Cineplex, Chapters, GameStop, etc? AMFE oozes with credibility and potential.
Best of luck to you
I have no opinion about Amfil, but I would like to spend a bit of time discussing it in relation to all the other OTC tickers with a marijuana angle.
The Green Rush as it was termed in Q4 2016 began in late September/early October. Amfil was priced about 12 months at 0.0016.
I decided to keep tabs on all the OTC reefer tickers. Investors Hub has a streamer feature. So I started adding all the OTC reefer tickers I came across, plus a few trading on NASDAQ, the NYSE, the Bulletin Board, and the AMEX. The initial count was around 20. It's grown to roughly 160. There are probably more on the OTC with a reefer angle but I haven't discovered them.
What is interesting to me is every single one of them erupted in Q4 and for some in early Q1 2017.
By February, they all, every single one, started to decline, until they all, every single one, reached multi month lows in mid June.
With one exception -- Amfil.
I pulled up a two year chart, just a simple line chart, which doesn't include volume. Except for a couple of bearish hitches, the price for Amfil has steadily appreciated since October 2016. The overall percentage advance from the low to the current price is approaching 10,000 percent.
Other reefer tickers, mind you, achieved larger bottom to peak percentage advances. But all of them, every single one, are now down 50-75-99 percent -- from those peaks.
Amfil is only issue with a reefer angle that continues to trade to new all time highs.
My postings contain many opinions. So please do your own research
and validation.
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