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Aggie14

01/12/18 8:41 PM

#90674 RE: SeatonBM #90672

We’re talking AMFE. Fundamentals is not crap here as you stated. TA in pinks even with AMFE is what is crap. IMO. Geez... look at the last 6 months. TA means nothing to me at this point.

FastMny

01/13/18 9:08 AM

#90720 RE: SeatonBM #90672

Good post Seaton. Your points are spot on. Most OTC stocks never achieve sustainable price appreciation because they don't have the fundamentals to support higher prices. They go up on momo and fall back down when the technicals get overheated. It's a flippers game and over 80 percent of traders lose money and end up holding the bag. But, I will say, if you are willing to hold through the TA cycles you can eventually get your money back, but it could take a long time.

This is why AMFE is an anomaly in the OTC and a stock that only comes around once in a blue moon. It's got amazing fundamentals that support it's price. It is supported by a ton of longs who have done the DD and recognize this as an investment, not a trade.

It's no secret why this has run hard and held its value. It's getting ready to run again with the audit, uplist, q2 numbers, Gro3 deals and some positive surprise developments.

The chart looks like charts for Nasdaq stocks. Why? Fundamentals.

Even folks who try to point out negatives of this stock know it's solid. They want shares too.

So, flip and trade 99 percent of the OTC stocks. Their foundation is like sand. It moves everywhere with trader turnover.

I will say this:

You can't send a rocket into orbit on a launch pad made of sand.