Have a read of the broker report from 2008.. and lets ask ourselves now. What has caused the SP to drop to this level? has anything fundamentaly changed for the company Since the report came out in 2008? im pretty sure the answer is no.
so there is abseloutly NO reason in my mind that I can think of for such a low SP except for panic from greedy people who have not gotten their money fast enough.. due to global growth fears coming out from europe..
which also should not effect us because we have closer relations with China.. but hey go figure?
so Good luck to all holders.. Im with you till the end :D
AXT Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held