From RagingBull"
By: vangneus
Reply To: 9 by Racquet Wednesday, 19 Jan 2000 at 1:26 PM EST
Post # of 16
I just received this from otctips.com
this looks an interesting stock to me with a bright future
I'm buying today.
Here is what I received .
Outstanding Shares: 4.7M
Float : 1.4M
EPS : 0.25
Ameri-first represents an exciting opportunity to get in on the ground floor of
a rapidly growing company... While a lot of the others are losing
money, AMFR is highly profitable andtheirrevenues tripled over the past three
months !
Today?s acquisition of the well known www.wallstreetnewscast.com site,the
financial strength of the company and the extraordinary stock situation makes
AMFR an excellent investment.
BUSSINESS
_________
AMFR currently has three divisions,
1 Ameri-First Securities Corporation engages in investment banking activities
throughout the United States, Europe and Hong Kong and is a full service NASD
firm.
2 Ameri-First Acceptance Corporation manages several portfolios of commercial
paper and owns also two car dealerships which it uses to sell
repossessions of auto paper from their portfolio.
3 Ameri-First Financial Corporation is the commercial banking division.
AMFR is well capitalized and today?s acquisition of
www.wallstreetnewscast.com, a Financial Multimedia company based in New york
City, enables Ameri-first to go in front of over 1 million people a DAY !
biz.yahoo.com
That is serious power !
Currently amfr is in negotiations with two other brokerage firms, a IR and PR
firm for aquisation.
The real power of the group is the combination of this wide field of financial
activities, which enables the group to become a financial
institution which a person or company can come to handle ALL of their financial
needs. The
Ameri-First group will be able to provide
immediate financing through their banking activities, take a company public or
provide a secondary for an already public company with the additional support of
the wallstreetnewscast website,provide bridge loans, research reports, promote
companies through very powerful Internet media and investor relations? The group
offers literally anything IPO?s could dream of to put them in a strong starting
position. AMFR has launched a couple of successful IPO?s on
NASDAQ and this trend will continue.Please read this again and think of the
possibilities such combination offers.
But besides being a very interesting business model, AMFR has a very peculiar
STOCK situation that is very interesting to the trader and investor to make
money.
STOCK SITUATION
_______________
AMFR has bought nearly all of their own shares; they own 1.3M shares of the 1.4M
float.
These shares are converted into certificates, initiated in the first week of
January. Now, all of the stock is accounted for. When the shorts
have to cover their substantial short position, they want to force the prices
lower and begin the panic selling that will enable them to cover. In
this case AMFR has been there to buy the seller?s stock and increase the amount
of shares tied up. AMFR is a market maker on its own stock and almost owns it
all. When the shorts will cover, they will only have one place to buy
certificated shares and that is from AMFR themselves ! AMFR will treat their
loyal shareholders by making a firm who have shorted the stock pay $6 to $10 for
it? We think it's wise to take a STRONG position before this run up happens. AND
IT?S GOING TO HAPPEN VERY SOON.
AMFR has powerful allies who will be moving into the stock over the next week or
two. These allies will also take position in AMFR.
At .25 EPS, AMFR should be trading at $50 compared to the PE that other
companies in the same business are trading. But the company is new to the
publicly traded arena.
CONCLUSION
__________
AMFR is again an excellent buy recommendation. The company is very well
capitalized, growing fast, acquiring other companies, introducing IPO?s
through a powerful synergy between its divisions, is an all in one financial
solution for persons and businesses, has a little float, owns a vast majority of
its own shares and is it a Market Maker on its own stock, is beatingout all
shorters in the very near future, is highly profitable (0.25 EPS), will report
to the sec within 2-3 weeks, expects a 0.30 to 0.40 EPS next year? The company
is new to the publicly trades area, and that is the reason why we still have
the chance to buy it at the currently very undervalued price before it rockets.
The potential that wallstreetnewscast brings to Ameri-First from today on is
highly exciting. We place a long term price target of $20 and a short term
price target of $8 on Ameri-First. Watch it fly.
Investors and potential clients are encouraged to call the company for more
details at the following number. (214) 599-9050
You should also listen to the real-audio interview with the CEO Jefferey Bruteyn
at
wallstreetnewscast.com
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Regards,
TOPSTOCK
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