Amfil Technologies Inc (FUNN)

[User-65225]

There are some manipulators trying to pour gas on the downtrend, but its mostly nervous holders selling imo. This is actually healthy for the long term, even though it sucks right now. Larger blocks held by fewer hands (from lower levels), get broken down into smaller lots, held by a larger base...

...but all in all, the sell volume has not been that heavy (see chart). No large red volume spikes... buyers are just waiting for the 60min MACD to cross imo, which has been the consistent buy indicator.

In pennyland, most of the money isn't very savvy and they can easily get shook where they should be buying. Then a stock turns bullish and they chase too high.... The majority of penny investors lose, to a much smaller pool of smarter money, because of uncontrolled emotions

Most of these stocks are only good for swing/day trades. AMFE is VERIFIABLY different, but some still lump it in with the crap. They will regret it!