Advanced Explorations Inc. ADEXF

Spike

[Greenandgold.]

The year-to-date trend for the AXI stock price is still down. There have been other quick spikes this year (from 57 cents to 74 cents, from 40 cents to 59 cents, from 29 cents to 43 cents, and this latest one from 24 cents to 35 cents). But in a downtrend, each successive spike is to a lower high. Lower highs and lower lows = continuing downtrend. If the stock price breaks above 43 cents, then the downtrend will be broken.

*

The next fall in the stock price will crash 24 cents, and settle around 18 cents to 20 cents.

[crow27]

That is true G+G but this is not quite a spike as a nice smooth calculated rise.  I have been in this stock for over 2 years and have watched the hard spikes that you mention. This run seems to be much different. Time will tell.

[justsaying]

Don't post often but I have to say that G&G's posts are now getting pretty deserperate.  My understanding of YTD means the beginning of the year to date - my calculations show that on Jan 1, 2012 the stock was at .29, so the stock is in fact up over 20% year to date, and continues to move upwards.  What am I missing here?

[Greenandgold.]

Sorry, shouldn't have used YTD, I meant the price performance in the trailing 12 months. The trend is down in the last trailing year, a series of lower highs and lower lows. This 4 day spike looks similar to other spikes in that period. * If the price stays above 35 cents for a couple of weeks then it means something. We will see.  

[Shlinker_]

You are correct in your comment "justsaying". "GaG" is also correct in his technical analysis. However, 2 things, 1) NEVER use technical analysis for stocks traded on the venture exchange, and 2) the last spike was simply in response to a broad market pump/dump for tax-loss selling. This spike is different, increasing volume day over day. GLTAL, news coming soon i imagine

[rpdeluca]

Notice that G&G is now on the NML board...of course harping on a negative (the fact that their DSO project might now be delayed).  Does anyone see a pattern here.  Funny how he points out all these negatives in companies he's not invested in. Post from GAG: You're saying NML is a terrific company and you don't care about project delays. Okay. I've already

[justsaying]

G&G, I'm sorry but your posts are really showing an unusual negative bias. If you are talking performance in the last 12 months, then you are correct, the stock is lower than it was 12 months ago. Just to note, here are some other stocks that are down from 12 months ago - General Electric, Ford, HP, Labrador Iron Mines, T Rowe Price Group, Berkshire Hathaway, and the S&P 500 has shown

[Greenandgold.]

AXI is currently down 50% in the last 12 months, and that includes the terrific spike of the last 4 days. (Last Friday, AXI was 65% down for the year) Berkshire Hathaway is down 5.5% in the last 12 month period. What is your point? That AXI's been a good investment? Relative to who? It's obviously been an unmitigated disaster.

[justsaying]

My point, which you seem to be failing to grasp, is that you talk about AXI and its downward trend in the market over the last 12 months without any reference to the market on a whole.  If heavyweight blue chip stocks like GE (down 11% in the last 12 months) and Ford (down 20% in the last 12 months) and Walgreens (down 20% in the last 12 months) with massive market capitlizations representing

[rpdeluca]

Justsaying please don't waste your time and efforts.  For your own sanity.

[Greenandgold.]

You brought up Berkshire Hathaway, and compared it to AXI. I was responding to the comparison. AXI's performance has been worse than the majority of stocks of any size.  * AXI's also been the worst performer of the junior Canadian iron ore stocks over the trailing 12-month period. I believe poor management is responsible for this absolute and relative

[justsaying]

I brought up Berkshire and 5 other stocks plus the S&P 500 and did a comaprison against all, to show that the market in many different areas has experienced a significant downturn in the last 12 months.  You compared AXI to Berkshire directly, its in plain writing for all to see. Additionally, I provided some proof in numbers (admittedly a very small sample) of large companies that are

[Greenandgold.]

FYI, Black Iron operates in the Ukraine. Very far from Canada. It's listed on the TSX, but then so are a lot of international companies.

[justsaying]

Quote from direct from your post - "AXI's also been the worst performer of the junior Canadian iron ore stocks over the trailing 12-month period." Directly from Black Iron Inc. website - "Black Iron is a Canadian iron ore exploration and development company..." Don't see anything in your quote saying the mine had to be in Canada.  You said worst performer

[figgoo2]

FYI I know !  Black iron and Alderon are actually very similar mediocre deposits close to existing mines and infrastructure.  My point was about the bullboard not the location of the company. Better yet try the Mac Arthur bullboard fyi Australia or the Talon bullboard fyi Brazil.  The further away the better.