Yes SP in danger territory now if it breaks 60 cents it would be new ball game. Announcements on spec shares get smashed these days unless they are game changers. Market factors price in then announcement comes out as expected and boom big sell off. I actually dread announcements now unless they are blockbusters.Unfortunately the loyal long termers get punished and the traders cash up and look for re entry when the dust settles. It really is rinse and repeat. Until Alexium starts announcing some big dollars the games will continue.
AJX Price at posting:
64.5¢ Sentiment: Hold Disclosure: Held
