Even if the world turns to custard, when you consider what AXT is trading at now, compared to what it was trading at "pre financial crash", I don't foresee it dropping massively.
FPs were recommending this stock in 2007 when it was 43.5 cents so there could be some shareholders around who rode it down from that. I've held a very small parcel from 20 cents in 2008/9 and increased my exposure to AXT severalfold recently.
KC
AXT Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held