To much hype, too much rubbish emails and announcements and not enough cold hard cash being declared. They initially said cashflow positive end of last year or early new year. That went quiet. Then they say cash flow positive mid this year. Still we hear nothing. They also said (in a radio interview) bedding customer would be announced in 2nd Qtr and also a listing in 2nd Qtr whilst HC posters wasted so much time predicting ratios, listing prices etc etc. That all went quiet too. Over promise, under deliver. We Still waiting for that 4mil/mth polymer contract that was mentioned on HC. According to that post, some guy in Chicago has been buying AJX ever since he found out about this invisible polymer deal. This Stock only ever goes up when HC people make announcements! There was one post just a week or two ago by jstall which claimed he had spoken to the CEO with good news on the way. If it were true, it could be seen as inside trading, but it still moved the stock enough for some people to sell more shares at these inflated prices and then as night turns to day, it gets dumped back to square one.
AJX Price at posting:
67.3¢ Sentiment: None Disclosure: Not Held
