AJX 0.00% 1.1¢ alexium international group limited

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  1. 7,708 Posts.
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    Krusty end of financial year, this is a crazy time its all about doing things for tax reasons, personal reasons, some act on emotions etc....quite a lot are still sitting in profits from 6- 9 months ago and quite a lot are sitting on losses (sideways period since late Jan)

    So a lot of the decision making atm is based around peoples own personal circumstances, some sell to off set profits if they bought in higher than here.

    So once this destabilizing period finishes in the next few weeks we should see some positive price action imo, the bumpiest time of the year is always around may and June especially for small cap stocks. Once the new financial begins it will be business as usual....
    Last edited by prowiz: 10/06/15
 
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