Gself,Another opinion.I have felt nervous about this stock more...

Gself,

Another opinion.

I have felt nervous about this stock more than once but for me I dont think it is time to dump this side of June 30 even if I had decided to sell. I got into this spec stock knowing that it was a spec. I am unhappy with how it has gone over a long period and unhappy that cost information (be it actuals or revised/restated forecasts) have not been provided yet.

The price has dropped a long way on this one. If costs were on target or better, it must be a bargain at these prices. If costs are higher then depending on how much higher costs are, the share might be cheap, fair value for now or maybe overvalued.

I believe MA would certainly lose a lot of credibility with recent large investors if he was not able to deliver them good value over the longer term. For this reason, I see AXM as a long term buy.

Hoohoo might be right regarding the price in July. If you're looking for a tax loss, or shifting your money elsewhere for quick trading then now might be the time to sell.

Short of low (on target) costs or new discovery, I dont we'll see a rapid turnaround. I no longer expect a rapid turnaround but based on past experience selling what I considered were shares in well managed companies, for me, now is not the time to sell.