I secretly (now openenly) seek abuse and I find that those sour investors that are angry over their loss are a good source for abuse even when you point out important details of the company...
Apparently, no one cares what the the company actually does or how it's run. They just look at numbers hoping it goes up. Anyway...
Looks like socialidiocy will be blessing us with his knowledge for the near future. It's nice to know after careful consideration, on his part, he would prefer to pay $2.50 instead of $5.00
I agree that this compnay has potential. Although, I want to be sure that I'm buying at the right time if I decide to buy amcf.
If I can get it at $2.5 instead of $5. I'd prefer to do that but if all my signs say yes and it's at $4, I'd buy then too.
I remain concerned about the response to 3rd quarter report. I think the big gain for the company (outside of stock) will happen no sooner than 4th quater because that's when their sales should peak as fishing season starts. Until then, they're simply incurring costs even if they are maintaining positive earnings.
If the trading volume does pickup, I feel that this stock could catch a nice rally up to $6-8. Without trading volume, the stock can remain quite unstable. The volume does seem to be slowly climbing and the question is what is the trigger for those with electronic alerts.
About 10 years ago, I did some programing to take multiple points every day of every stock on the US exchanges (7+K stocks). It bought my house. That computer died and I quit the market for a while and got back in last year. Point is, I know that people are using electronic triggers to begin investigating good deals that are about to rally and I try to find those entry points. Buy-Sell, buy after the big sell off with the profits and hold long.
500k would make this much more stable so that it could grow according to earnings.
It might be stabilizing now but I still worry about the 3 quarter results but expect the 2011 year end to be over all good stuff barring any additional news.
This is a good company,
CEO and company bought all shares they could buy,
reasonable gross and net profit margin,
no ralated-party aquisition,
management are trying to increase quality of IR by lauching online conference call,
large scale recruitment,
low short interest,
I picked all the shares traded at 3.10