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Abraxas Petroleum Corp. Message Board

  • buystockbuystock buystockbuystock May 12, 2011 11:20 AM Flag

    It's pathetic to watch the ..

    Market Makers control this stock in favor of the shorts needing to cover .... god knows how much they paste the sell side to give the impression of sell pressure on AXAS .... especially when the fundamentals of this stock have NEVER been better ... their "in-house" trading is also contributing to downside pressure .... these guys are crooks for fair trading in the market place .... it's no wonder they can make millions of dollars each year handling trades .... it's more like manipulating the trades ...

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    • It makes me sick. I sold half my position yesterday in the $4.30's. I bought most of it back today around $4.10. Because of the market maker crooks, the only way to make money on AXAS is to trade it.

      It will go back to $5 plus but it will bottom out around $4.00 or below many more times before we hit $5.

      Buy the dips and take profits when you can.

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