I predict AXC will be there due to its extreme profit potential for next year, which II fully knows. Their goal is to have the Magic 25 return 50% annually, and they well know AXC can go a long way toward that goal, just ACT Networks did this year with it's ~500% return. Keep in mind that they goto press ~ 18th of each month, regardless of what happens after that. Well, on the 18th of this November, AXC was trading in the 7's, so that price will be their official starting point, so they're already glad, their average has already been boosted by AXC! AXC could goto $50 next year if all the pieces fall into place, II obviously knows and is hoping for those pieces. You'll see it there on the list, I believe!
I too am fearful, tho, that if an agreement isn't signed before January that some skittish investors will throw in the towel, depressing the price momentarily? Altho big money might pile in more and more as the rumors abound. with so many companies negotiating, theres bound to be some leakage of info somewhere, tho I doubt AXC will be at fault! I'm sure the rumors are only going to increase in the weeks and months (if it takes that long) ahead. |
