Thanks for the trial info. And remember, Mitsu's lawsuit against AXC is due to end any day this week, according to someone's call to IR on Monday or Tuesday, so a win there could be a bit of good news.
Those of you who think institutions have all the inside info and are "infinitely better informed" have a very exalted opinion of big money. they are NOT better connected than the internet has afforded us the privilege of being extraordinarily well informed. I'm convinced completely that here at SI on this board in particular there is a vast amount of info available to us on AXC that most or all institutional holders have absolutely no clue about. Big money holds large #'s of stocks, they certainly don't obsess about it as much as some of us here, since their own net worth isn't on the line, and they don't put in however many man hours go into looking at this baby from every concievable angle. And, they don't have Gus on their side (unless they sneak looks at SI thread). Besides, if you look at the trades for last many weeks, very very few blocks over 10K trade, even very very few over 5K. That's not institutions, that's small fry like most of us here trade.
Thank God for TA'ers who tell us what their charts say AXC will probably trade at, but I'm held on a long term fundamental tether that tells me what it should trade at, and will trade at eventually. Hangin on thru the madness.... |
