GREY:ADEXF - Post by User
Comment by
goldvanities1on Mar 09, 2013 7:24am
128 Views
Post# 21103837
RE: RE: RE: RE: RE: RE: RE: News Review
RE: RE: RE: RE: RE: RE: RE: News Review The board and insiders are not selling. This is a fact. Look it up on Canadian Insider.
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But it's also a fact that the board and insiders own a relatively low percentage of the company. Low insider ownership, low institutional ownership = retail scrum.
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The vast majority of AXI shares are owned by retail investors, a good portion of them European. The #1 country origin of visitors to AXI's website? Germany! And the German board for AXI is much more active than this board. My best guess for who is dumping? Big German investors (like Tepin) with a few million shares, who have fear in their hearts, and growing distrust of AXI management.