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Anyone still in AMFN?
Posted on 10/7/26 at 3:08 pm
Posted on 10/7/26 at 3:08 pm
Just wondering if I need to pull the plug on the few dollars I have left in it at a 55% loss currently.
Posted on 10/7/26 at 3:54 pm to Cajun75
I bought.
Never sold.
Never sold.
Posted on 10/7/26 at 7:18 pm to Cajun75
I don't know this company but I looked at their financials.
Had revenue for first time last quarter.
it's all in receivables (so they got no $).
They are going to have to take debt or dilute to survive. Their cash on hand is not enough to cover their cash loss.
The CEO makes 50k a year with no bonus or shares.
he owns 120M shares now.
Based on stock price today, he lost 1M in share value.
I would be O-U-T
Had revenue for first time last quarter.
it's all in receivables (so they got no $).
They are going to have to take debt or dilute to survive. Their cash on hand is not enough to cover their cash loss.
The CEO makes 50k a year with no bonus or shares.
he owns 120M shares now.
Based on stock price today, he lost 1M in share value.
I would be O-U-T
Posted on 10/7/26 at 7:26 pm to WM88
So about a month ago I made a trade to buy $10K but had issues going through, so I bought $5K. The next day it was not in my account. A couple days later I called my advisor and he said stocks like this get flagged and the order gets overridden, and I would need to talk to him first for penny stocks. Just so happened that the stock went down several percent, so I said nevermind for now.
Pheew.
Pheew.
Posted on 10/9/26 at 3:08 pm to Mariner
Went up like 40% today not sure why
Posted on 10/9/26 at 7:38 pm to el Gaucho
quote:
New to The Street Signs American Fusion (OTCQB: AMFN) to 12-Month National Media SeriesProgram pairs sponsored programming on Bloomberg Television and Fox Business with earned media, TV commercials, NYC Times Square billboards and accredited-investor events
I’m not sure what this means, but apparently this happened today.
Posted on 10/10/26 at 8:39 pm to Cajun75
Still holding. I wish I had sold when I popped up $4k. Hindsight, and whatnot...
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