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Microcap & Penny Stocks : Auxer Group (AXGI) -- Huge revenue growth w/ new contracts -- Ignore unavailable to you. Want to Upgrade?


To: dch who wrote (1062)2/5/1999 9:19:00 AM
From: Micro-Selector  Read Replies (1) | Respond to of 1664
 
Well, I agree with DR MEADE about the possible scenario for AXGI.

The most "fundamental" indicators for OTC:BB stocks (which do not operate by the "fundamentals" used to gauge other stocks -- the most common being P/E) are news, charts and float.

Hopefully, the new SEC rules will change all this (shareholders will have a Q-by-Q picture of the financial status of the company). But in the meantime, AXGI is trending up and I'm not cashing in all my holdings because I see the price going much higher. Too many good things for the company to announce in the near future: new E-commerce Website, 1Q financials, continued CarQuest shipments, preparations to file with SEC, etc.

IMO, for every disgruntled shareholder waiting to bail ship, there will be two or three excited to jump on board. And for the first time in a long time, AXGI will be a very smart company to buy.

Best regards,
Micro