Last week, I wrote a note to $AMZE management and posted about here, and the stock exploded as new information was realized and digested by the market.
Here is my post:
[https://www.reddit.com/r/pennystocks/comments/1t71ptk/amze\_only\_fans\_exceo\_is\_a\_director\_april\_15th/](https://www.reddit.com/r/pennystocks/comments/1t71ptk/amze_only_fans_exceo_is_a_director_april_15th/)
This week, the DD is even simpler:
1. This Friday, they will go live with their online selling platform, which is geared toward content creators selling online
2. This week, they will report, apparently, the Q1 financials, but this is not confirmed
3. They need the stock to trade above $1 to remain compliant with exchange regulations
4. The single analyst covering them has a price target of $3 as of early this year
I never make up selling targets, but I did have a fun mental math moment when I calculated what my return would be if I held onto the stock and it reached $1, let alone $3 as per the analyst price target.
To me, and this is strictly for my own account i.e. the part where I make wild speculative bets that need to return extraordinary returns, the verdict is to hold.
Last Friday trading was odd, and I personally hated it, and held onto every single one of my shares. I did not add more, but I might, add trim, or close as I see fit. do your own due diligence, and formulate your own trades.
Good luck to all, long or neutral. If you are short this stock, you might be a masochist who is looking for a painful experience.
Cheers!
https://preview.redd.it/we12q222gw0h1.png?width=791&format=png&auto=webp&s=20f8719eacd0e00a2dd4ce38238123d487774700
EDIT: management is unprofessional for not scheduling and messaging the go-live and the conference calls, so I am out at a small gain.
https://preview.redd.it/wkkc2ih9tb1h1.png?width=737&format=png&auto=webp&s=609445360c9a424f775146463f84cdabdc8b595f