GREY:ADEXF - Post by User
Post by
zedman4on Aug 08, 2011 11:43am
255 Views
Post# 18916528
Blood Bath....
Blood Bath....My holdings are down to 2k; just keeping them for sen-
timental reasons.
I remember eariler this spring when the sp was in the
.70's, i mentioned that I would put in a stink bid at .55
and this board was all in an uproar, ready to line me
up against a wall and have me shot for even suggesting
such a thing.
To-day axi broke through the .40 support level. Beer-
hunter's suggestion that a good entry point may be in
the .20's is looking better all the time. I mean with all the
good nr's coming out and still the sp is dropping. AXI was
on the down slope long before the present US crisis.
Mind you, aei has the goods and will be a producer; that's
a given. Right now the game plan is to judge when to get
back in. Too bad for the investors who got in over the .70's;
they're hurting and most likely cursing the day they ever
heard of axi and spreading their discontent with each pas-
sing day. Instead they should of sold long ago with a stop
loss. Even at .40; axi in my opinion, should be sold 'cause
with the present panic in the market; a .25-.30 entry point
is more than a possibility. Come on Deluca; all your paper
profits are almost gone. Sell! Sell! while you still can!