Like MS says its really the wider market now. If DOW continues to down trend/sell-off, micro caps will get hit much harder still.Pure risk return assessment and risk is rising fast. To me downside risk far outweighs holding at 2c for a move back to 3c...would re-look at entry low one's now - unless EU situation changes suddenly for the better. IMO this is way sellers > buyers and the price action is down
Compare with STX cap raised at 17 no 14-15 and post some amazing drill results Friday...says it all.
Time will fix AKK but its good to hold some powder for any real oversold position this GFC 2? may provide.
Good profits and capital preservation to all!
AKK Price at posting:
2.1¢ Sentiment: ST Sell Disclosure: Not Held