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Why was AXC selling for 6-8 for months? Because so many want proof before taking a flyer. Too many easy pickings that don't require as much homework as AXC to uncover the potential. I also imagine the May runup and subsequent decline has left a bad taste in everyone's mouth. Most people are waiting for an actual contract- takes all the mystery out of it, tho at twice the stock price. Just some thoughts. Also, most investors, even BIG MONEY, I imagine, do not even know of SI, and they'd certainly probably dismiss us as a bunch of kooks, and based on the chicanery on some of the SI stocks, they'd be right! I for one have found this the most enjoyable and productive of all the SI covered stocks I monitor, even tho I only own AXC, I keep up with many others too. Believe me, this one is a step above most others! Regardless of why others are selling, I think it's still a great deal here, tho I'm holding out for a price in the single digits to add more personally. Just think there's one more minor dip left. |
