AJX 0.00% 1.0¢ alexium international group limited

Report Accompanying National Defense Authorization Act of 2016 to Include Directive about the Use of, page-101

  1. 84,295 Posts.
    lightbulb Created with Sketch. 75
    " what did the US investors offer that existing shareholders can't?"

    clout.

    We might not like it atm - but, we will love it on listing. It will be interesting to find out what is going on atm - really, we are all only going on speculation.

    I just got a call from a mate who has been in AJX early and jumped out - with a profit - he is a technical trader.

    He rang out of the blue (hasn't called me for must be 4 or 5 months) - to say he bought in this morning - low 60's - he says he thinks this down bit is just about done -------- if we do get to 55 - he will double position - he expects to offload at 70 soon and expects it to hit 80 a little later.

    He isn't always right - but, mostly he ends up in some profit - usually about 90% of the time. About halfish of his trades reach his expected targets.

    So - I hope he is right this time - I have no concerns about the company or the stock - but, I have no interest in seeing it go further south either -- I am happy enough whilst we are range bound - I believe when we jump out of the bounds - we will have a solid gain ---------- just waiting - bit of a bugger - but, life is pretty much about waiting - no matter how bloody hard you push the barrow

    Pinto
 
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