as said over and over for ever - don’t believe what you read in the press.
applies to so much press reporting across all media forms today.
Melodrama over covid. Political sensationalism & bias with elements of fake news. Commentary dressed up as facts that simply aimed to confuse readers / watchers.
People who bought AXE for fomo or following like sheep will sell. People who did some or a lot of research and made a sensible allocation for the risk will hold through this.
BNPL stocks went through the bagging process in the Press, on A Current Affair regularly, 60 Minutes scare stories because they charged a minimal late fee against Credit Cards with historical interest rates of 18% and more that ripped off people for 25 years & more. (Even the hypocrosy of the Banks as they chimed in as consumers dumped cards)
the similarity is real here simply on a smaller scale.
have not seen too much critical thinking applied to the actual story, the existing patents, company progress and the undeniable FACT that there is no rejection of an Oz patent, just clarifications and supporting documentation are required in a normal robust application process. They have until early 2022 to reply.
Putting some AXE eggs in the basket is fine if you are prepared to take some risk. AIMO and dyor as always.
unchanged conviction here and ignoring noise and media incompetence.
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