These posts were writen last month, during tax loss selling...
(repost)That logic is the way to lose in the market. Just because the negatives are harped on, constantly, does not mean there’s not a ton of positives taking place. AMFE is not one of the fastest growing penny stocks for no reason. Fundamentals are the most important thing and AMFE has them.
You want to talk about the pullback that’s taken place, but how about the 10,000% run it had and the fact that its still up several thousands of percent and holding this level for the past 7 months? All stocks consolidate after massive gains...
The consolidation took longer than many of us expected, because of delays and whatnot, but that doesn’t mean the stock cant get back on track and hit all time highs... The worst, most obvious penny scams can run for life-changing gains. If anybody thinks this solid/rapidly growing company can’t, they are a fool.
If people take the time to actually learn about this stock, instead of just looking at the chart, they should see things differently. This stock is under pressure because of short term delays, not because of a lack of growth, not because of dilution, not because of insider greed, etc... all of the negatives are short term growing pains. There are far worse negatives to have with a small cap than this.
Remember when Amazon was $50 and people were claiming the company was going to fail, because they could not turn a profit?.... just because people harp on the negatives, does not mean everything actually is negative. _________________
But it’s all short term, right? I don’t know the penny experience of everybody here, but I’ve traded/studies thousands of penny stocks over the decades. What some consider the end of the world, is nothing compared to what’s happening with 95%+ of them.
Delays suck, but eventually we’re going to overcome them.
There are no long-term detriments... people will forget about these audit issues as soon as we uplist. It will be forgotten by the longs and not even cared about by the thousands of new investors that are going to find this stock in the future.
Ive see penny CEOs grant themselves $5 million in stock in a single issuance and the company hasn’t even achieved one dollar in revenue and It gets forgotten. AMFE issues are minor by comparison, they just get harped on every 10 seconds, so it seems bigger than it actually is.
When this starts to run, it’s going to make back months worth of losses in just days. Sentiment will instantly shift, like it does on all these pennies stocks when they wake up.
It’s amazing how fast sentiment can shift in the penny market. The worst/nastiest scams can put in the biggest runs when the time is right... AMFE will be a life changer imo. It has all the ingredients. __________
The stock is suppressed/held back by delays, so I expect a significant relief rally once we overcome them
It is oversold, because the negatives are harped on every 10 seconds... but It’s all short term BS, not long term detriments. This is the aspect a savvy investor has to keep focused on.
All companies deal with issues like this, especially when they’re small and growing rapidly... dont forget the low was .002. The prices is heading in the right direction long term and has held this level for 7 months.
The best buying opportunities in the market, often happen because of short term situations/growing pains just like this.... This is why it’s much wiser to focus on the fundamentals and not the emotional BS on this board _______________
Compared to 95%+ of pennies, its all minor/short term growing pains... anyone that has any penny experience knows im right.
... and no matter how bad a penny stock looks, they ALL can run. The worst scams are often some of the biggest runners. You just have to time them well, get in and get out.
AMFE will run again, bigly... and it wont come crashing back to the lows, because there will fundamentals that support the gains. Just like we will never see the older lows again. The fundamentals dont justify it.
We are only trading 2X revenues at this level. All the negatives are factored in, we just need the bull momentum to shift and we will run swiftly out of this hole. Months worth of loses will be made back in just days/weeks.
Dont forget, we ran 80% from this level when people thought the uplisting was close. It will run even bigger when the uplisting is a done deal... along with several of these major GROWTH initiatives kicking in. Dont doubt it!
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