wasa I guess that depends how bad things really get overseas.
If Greece defaults on their debt and the contagion spreads to other countries, things could get pretty ugly. Also further poor data from China has been released which does not help the copper price.
Don't get me wrong, I still love the long term potential of the stock. Tommorow may be a chance for me to dump some shares and buy back a bit cheaper in a week or so.
Personally I think a drop to 7 or 8 cents is possible but if things get real ugly overseas, then people will really panic and dump left, right and centre and we could possibly see lower.
Fingers crossed that does not happen, but its possible.
Good luck with yours wasa and to the rest of AXT current holders
AXT Price at posting:
10.0¢ Sentiment: LT Buy Disclosure: Held