we all despise these times ladies and gentleman,there is no...

we all despise these times ladies and gentleman,

there is no logical explanation. Its been one thing after another, first we had some accumulators trying to buy into the stock, then we had the 1st subprime hit, followed by another, we then had PP selling down in the midst of a margin lending crisis, just the other day ANZ is the first aussie bank to say hold on, we aint finished yet... it all affects the market and no stock is safe, blue chip, spec or down-right dodgy.


its going to be a bumpy ride for the next few months imo, personaly i still believe 2008 is a big year for AXM and by years end we may all still be sipping margarita's on the beach but in between we'll have to ride out the swell.

don't lose faith in the stock, for reassurance look at 90% of all other ASX listed companies and probably most other markets around the world. Also look at the volume, there still aint big numbers going through, apart from this managed fund (PP) no one else has sold out, directors still buy.

The reward at the end of the tunnel will be when the market gains rids itself of the subprime demons and the POG soars. still we always cross the fingers and hope its sooner rather than later.

Cheers,
Davo