I must admit I am newbie investor, but I am interested to here some experienced thoughts regarding the short term potential of this stock say next 2-4 months, i.e. are we likely to see a return of sp greater than pre ann levels.
I bought into this company some months ago at 10 cents, as I was attracted then to the short term potential of the company, and was pleasantly surprised when its sp reached 16.5 cents not so long ago. Instead of exiting, I stayed in and since the ann and from reading other posts I understand the sp is likely to head further south on the back of global issues.
My position is that I have to cash out around October in order to free up some funds. Therefore I am keen know / hear thoughts regarding the next hole and what good results here could do to the sp, hopefully drive it above 10 cents so the missus doesn?t kill me.
Cheers
AXT Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held