we know that the market depth on AXT change very quickly.
the buying and selling depth is all bluff. Lets face it. the market depth is stacked on the sell side so to scare small investors out, and it has worked mostly. the volume on the sell off has been small.
I have watched AXT closely. if there is a big sell order under 30 cents i think it will taken by an off screen buyer.
i have tried to buy big parcels of axt before and no one sells...
i think the smart money is sitting, its just a matter of how far the little investors push the stock down.
not much has changed really. expect they have more holes to drill, and more cash.
i am holding.
AXT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held