re: Ann: Oak Dam South Diamond Drill Hole Com... Personally I...

re: Ann: Oak Dam South Diamond Drill Hole Com... Personally I dont think AXT will drop significantly from here. It has shown a remarkable tendency to hold well despite the wider market movements as we have seen recently..

Todays drop was overdone, the news was not bad and a few weak hands obviously dropped out.. I also believe that a few people have sold in order to purchase at a lower price so are playing the market a little... The good think about AXT is that it is a high impact newsflow stock.. So regardless of where the market is heading on the day that news re Winjabbi/Oak Dam comes out if it is positive then we could multibag regardless..

Good economic data just released in the States which gives me increased confidence that last months data was a blip.. Europe is responding nicely and depending how the US markets behave over night we could stabalise and have a good day tomorrow..