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As per last week's column, Alexium International (AJX) was sold on October 5 at 99c a share for a total of $4930.
There are two thing of interest with the sale of AJX.
Firstly it was sold above the price of the previous close, which only seems to happen occasionally.
Also, the day it was sold it reversed and closed the week above the selling price.
I will now need to see a daily close above $1.10 before considering buying again. If it does move above $1.10 it has a potential target around $1.50, so it would still be a very profitable trade.
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AJX Price at posting:
96.5¢ Sentiment: Hold Disclosure: Held
