With the huge run up it had , i think parts of the market are cashing in on some profit.Fundermentals havent changed and imo it looked a bit expensive above 1.50 and now has come back to fair value. I really like this company and their e commerce focus so i am holding long. Also they have some lengthy agreements on some of their brands, which all goes well for at least the next couple of years. My average is at 1.16 so still well into the green and i held right through the big drop last year as i had faith in my positive assessment of the company.
Christopher
AX1 Price at posting:
$1.47 Sentiment: Hold Disclosure: Held
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