I am not recommending it as a buy here at 4 9/16. I recommended it as a buy at $3 1/2 on this thread only for those that could put up with one of the world's worst balance sheets and who could afford the risk of losing every single penny they invested in it and in spite of that fact has a decent chance of overcoming all of that...but to be perfectly honest, I do not really care if AXC goes to $200/share or two cents a share. I, personally, do not like the risk...the reward aspect is fine...the risk sucks. investors need very high reward and NO RISK...that is, of course impossible to find, but the quest is admirable.
Axxel
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This report has been prepared from original sources and company data we believe to be reliable, but we make no representation as to its accuracy or completeness. This report is published solely for information purposes. It is not to be construed either as an offer to sell or the solicitation of an offer to buy any security or the provision of or an offer to provide investment services in any state where such an offer, solicitation or provision would be illegal. Any opinions expressed herein are statements of our judgment on this date and are subject to change without notice and we may not update that change to you. Platinum Equities, Inc., its affiliates and subsidiaries and/or their officers and employees may from time to time acquire, hold, or sell a position in the securities mentioned herein although Axxel Knutson does not hold any position long or short in any of the stocks that he speaks about. Equity investment involves risk of capital loss. We recommend that your portfolio be diversified by company size, industry group, geographic region and by currency. The overuse of leverage, small-cap Bulletin Board issues and concentration is to be avoided. It should not be assumed that future selections will be profitable or will equal the performance of past selections. Securities listed herein illustrate selections made using proprietary indicators known as VTAR [Volume Trade Analysis Research]. These names, VTAR, Trading Engine, tradingengine.com,
Volume Trade Analysis Research, are servicemarks/trademarks of AXXel Knutson and are given under revocable license to Platinum Equities, Inc. and various web sites ¸ 1999, All rights reserved, Axxel Knutson and Platinum Equities, Inc., 80 Pine St., NYC Member NASD & SIPC. This letter is rated PG-13?may contain violence, inappropriate language and brief nudity [no necktie]. |
