AXP 0.00% 0.2¢ axp energy limited

News: AXP AirXpanders says qtrly revenue US$1.2 mln, page-49

  1. 814 Posts.
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    My view is that yesterday's fall is "circumstance"; let me try to explain....

    AXP rose 10% over the last 10 days; on most days it would fall at some time during the day only to recover later. Yesterday it opened down 2 cents which is quite a lot. At 11:39 the ANN about the 4C and Conference Call and, I believe, some people thought the "opening sellers" knew something. The result PANIC selling.

    Did they know anything? .. we'll find out Thursday around 9 am.

    Just remember that AXP Management has not put s foot wrong; in fact they have taken measured action throughout the last 12 months following FDA approval.
 
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