RE: Over £1m of buys today12 Dec 2023 12:26
Hi, nice to meet you.
AFC has been in a Negative Downtrend from 2015 to 2019 with a low price of 2.7p. As with all other Emerging New Energy stocks, they went to the Moon during cvid when retailers had access to daily trading.
They've all since come back down to earth and have over inflated stock prices relative to where they were back at the end of 2019. Look at all of the energy stocks in this area and go check the chart action from end 2019; they're all the same, and a lot are about to Fail. Fundamentals don't lie and Funding has all but dried up for most start ups.
AFC is certainly one to watch from here, however and I've just taken profit from 15p to 21p. Not bad.
The Hype Train could take this further to 30p and beyond, but for me I'm out until it drops to 15p or below.