It would seem to me that traders and T3 buyers would do well to stay away from this stock.
Most holders of this stock would appear to be medium to long term holders. This is evident due to the lack of selling, in the current 0.065 to 0.07 range.
But as soon as it seems things have settled, the odd chunk is sold and decimates the SP. The amounts that are sold, can be traced back as buys only a few days.
You're not going to win trading this stock at the moment, you are just going to get caught, be forced to sell, and in turn bomb the SP.
Hold for the May results if you can.
Just don't try trading it. It's a shocking stock for trading at the moment.
Cheers
eMark
AXT Price at posting:
6.6¢ Sentiment: Hold Disclosure: Held
