Hmmmmmmm - i agree with all the sentiments and I certainly like what I see in AXM. But, where is the support for the SP. It is now in the top 300 stocks in terms of market cap so funds must be watching it!
Yet, has anyone seen the selling pressure on this stock from 0.38-0.4. I am new to AXM and have not watched it closely enough to know if the sells are likely to be fictitious.
However, they do not dissappear overnight which tells me they are real. If so, why try and sell such large parcels at these ridiculous prizes when AXM will be earning money in a little while? They are hedged against the gold price, yet, sentiment shifts with it even though it is pretty obvious that the gold paper market is being played around with by some big players.
Is AXM a speculative small cap stock in terms of market sentiment - what about after the first gold pour?
good day to you all!
AXM Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held
