re: Ann: Oak Dam South Diamond Drill Hole Com... Dont get me...

re: Ann: Oak Dam South Diamond Drill Hole Com... Dont get me wrong, the stock has great potential longer term (2-3 months plus). I am talking shorter term (next 2-3 weeks). As I write this the FTSE is down nearly another 1% so Monday is not looking great.

AXT dropped 10% today as I expected it to drift lower, its just reality. Markets move in predictable ways.

There is panic in the market as no one knows if the Greek debt crisis will spread to other parts of Europe which could be really ugly. That is why I would not be buying now.

If you want to buy now, fine do it at your own peril.

I can afford to hold as I bought in at 5.6 cents but for newcomers you don't wanna be sitting on a loss from day 1. I would be sitting on the sidelines for a bit IMO.