OTCPK:MGMXD - Post by User
Post by
MiningMonsteron Oct 24, 2011 1:22am
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Post# 19174932
Im out
Im outLooks like emotions are running high for the longs on the board, usually not a good sign. I bailed last week because although I do think the future will be good for AXY I do agree with Frac and Oil that we have not seen the bottom yet. AXY may be at a 52 week low, but it makes a new low almost every day. Until the bottom stops falling out daily I can't responsibly buy this thing, especially at a premium to the (albeit beaten down) group. I suspect the lows wont be in till the tax loss season is out of the way. Please dont hate me!!