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Friday, August 24, 2018 6:59:31 AM
I think you are right, in the stinky Pinks, the fundamentals do not matter.
Then why do people remain “long” here?
Because we know that AMFE won’t remain in the Pinks forever, and it will be MUCH more expensive to buy in in the future than it is now.
If anything this should be the biggest buy signal for all:
AMFE is very cheap now, but it won’t remain this cheap forever. The stock WILL go up...why? Because it HAS to.
As more locations come up, as more distribution deals come up, as more publishing deals come up, the revenues will continue to grow.
What we are seeing now is a company that is growing at a very quick pace, and THAT is what we are invested in. In its growth.
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