I've been nibbling on the way down, bought another 10k shares today too. If you liked AXAS at 3 or at 2, then one has to LUV it at 1.77. This thing is crazy low. I'm thinking that 1 year out this price will look mighty fine but then it will be in the rear view mirror.
My .02 for the day....
Yeah, they have great tech and have been focused on turning the company around. I sold a bunch at 2.70 and have been buying back now. I believe this is headed higher after summer is over. Everyone is at the Hamptons at the moment....
I too would like to know. It seems someone is selling, and if one just looked at the tape this is headed for BK! Else why the unmitigated drop? I disagree, been buying on the drops. Accumulating my pile of shares for when the summer doldrums are over.