I have been searching for any new information but havent come across anything except the 10-K Annual report. Has anyone come across anything to warrant the move today?
I think an institution is increasing their position.
Sentiment: Strong Buy
Stifel is pushing it with NAV-based target range of $3.30 to $4.00 depending on commodity prices over the next year.
No idea but a 5% move with 25% above average volume gives me some hope.
What I look for is movement up (8 of last 11 trading days), on better than average vol, on no news. Technically, AXAS has a "Bullish Engulfing" pattern today. Need conformation tomorrow with a break-out and above 2.26 and runs higher thur the day.
Cline Shale, stealth Canada endeavor.
I guess everyone feels it wasn't that bad of a report all things considerd. So we are still in on the ground floor, worth holding...heck if I know....but tis good.
I think it's all of the wonderful research reports that have appeared on the board lately. can't wait for the next one:)