have a look at the last few times when axm hit this price range. the sp actually took off when the company released news. i clearly remember the agressive selling down to 20 cents around 30 october - the quarterly was actually a good one and helped change sentiment towards axm.
so, will we see the same movement in the SP this time in the next few days. the closing auction today was the first time that the buyers dominated. also, the 320000 seller did not appear to try and test the resolve of buyers . . . . . . . . . . .
the only thing that i find very odd is the seriously larger number of shares being bought and sold. i think the regular traders must have changed the game being played. we have not seen any of the recent larger holders issue any change in substantial holding statements.
AXM Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
