Recent

% | $
Quotes you view appear here for quick access.

Alexco Resource Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • mhenderson495 mhenderson495 May 15, 2012 11:41 AM Flag

    This is a break down on AXU folks

    $6.50 was the support broken.

    $5.00 break is now margin rates that firms lend is lowered for stocks below $5.00

    Usually from 50% to 20-30% so it's now forced selling.

    Few days of this forced selling plus margin selling should do it.

 
AXU
0.311-0.008(-2.51%)Jul 31 4:00 PMEDT