If you believe in AMFE and you’re long, then you should be celebrating a drop in pps.
WTF???
The investor mindset is anathema to that of the trader mindset. Savvy investors understand full well that a stock’s pps has little correlation to the actual health of a company much of the time, which is different than saying it has NOTHING whatsoever to do with it.
In the case of AMFE, since we know that a) the company is profitable and is responsibly reinvesting those profits and b) it’s a pink sheet issue, we can reasonably assess that the pps will often times be nowhere near what we know it can and should be.
Also, based on the fact that we have traded relatively sideways now for some time and done so with a few, shall we say, missteps and in the face of the single largest point drop in DOW history, it can be inferred that AMFE has staying power even in the midst of a volatile market.
These are hallmarks of long term strength.
So...
If all of the above is true (it is), then a drop in pps should absolutely be considered a buying opportunity and nothing else.
Those who have grown weary should zoom out to see the bigger picture and quit laser focusing in on bits and pieces that do not tell the entire story. Yes, we ALL want the A/U behind us. Yes, we all want news and soon. Yes, we all want the pps to rise.
Did the tone and nature of Roger’s last communique not convey the content of his character effectively enough to convince us that his number one goal is to increase shareholder value?
It did for me but that is merely a reconfirmation of what I and others here already knew.
So...
When our pps drops, celebrate the fact that you have yet another opportunity to average down and score some more cheap shares of a company with a future so bright you have to wear shades just to glimpse it.
Amfil Tech is that company.
$AMFE, b*tches!
#truelong
#KWYO
#Power3.0
Only invest that which you can afford to lose.
