Replies to Post #1424 onBUD-EXCHANGE

Replies to post #1424 on BUD-EXCHANGE

Replies to #1424 on BUD-EXCHANGE

02/18/17 5:38 PM

#1438 RE: User-65225 #1424

AMFE weekly chart(s) Share structure change
Note: I have been spamming Stockcharts.com every day for a frigging chart.

* Primary trend measured move up, on corrective step.
http://thepatternsite.com/mmu.html
* Short term double bottom.
http://thepatternsite.com/aadb.html
* For the week down -9.52% or -$.002 on volume of 13,883,886 down from last week's 32,547,134 closing at $.019
* Daily chart still within +SAR flip, .018 support was tested twice and .0175 once (Captainscotty looking down there for a fill at .0178, Hah!).
* I know we have a bearish engulfing candle Friday. But, every time we have one those (bullish or bearish) we go sideways or opposite the trend. AMFE is like a misbehaving child when it comes to candles. I think our double bottom is going to look like a slanted "W" instead.
* One catalyst this week when volume was decreasing then the spike. With a short 4 day week it is hard to predict a green one. Discovery in the OTC is an iffy thing with all the MJ hype and focus other equities that have very poor fundamentals compared to AMFE.
* Feb 16 catalyst: http://www.marketwatch.com/story/amfil-technologies-inc-expands-on-its-grozone-product-line-which-is-designed-to-eliminate-pesticide-use-in-the-medical-marijuana-industry-2017-02-16

Share Structure

Market Value $15,046,476 a/o Feb 17, 2017 $8,016,475 adj. to new O/S
Authorized Shares 900,000,000 a/o Jan 01, 2017
Outstanding Shares 791,919,764 a/o Jan 01, 2017 421,919,764 adj. Feb 07, 2017
-Restricted Not Available 229,058,633 assumed
-Unrestricted Not Available
Held at DTC Not Available
Float 192,860,481 a/o Jan 01, 2017 192,861,131 adj. Feb 07, 2017
Par Value 0.001
http://www.otcmarkets.com/stock/AMFE/profile
http://www.marketwatch.com/story/amfil-technologies-inc-reduces-the-issued-outstanding-share-count-by-nearly-50-2017-02-07