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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5

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To: Stuki who wrote (67468)9/18/2007 3:21:10 PM
From: Chris Forte  Read Replies (3) of 120415
 
AXK 2.11 x 2.15

AXK is an interesting medical play. They've spent a lot of time and effort developing an accurate, rapid test for bacteria, something that in this day and age of superbug infections and over-prescribed antibiotics is a must.

What's really interesting is the POINT they are at in their development. They are getting close to a pay-day (licensce or joint venture deal) for their technology. They've proven the tech works - now they just need a big brother. They are out there shaking a lot of hands right now.

Sometimes you invest in one of these LONG shots and you have to wait a LONG time while they prove their tech. AXK has been grinding it out with a slow, steady running attack and they are in the red zone, finally. That's my hunch anyway. That makes it a timely investment, imho.

Another nice factor...they only have 10M shares out. It trades thin. Any good news like a license deal or partnership should pop the stock. High risk, high reward.
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