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Santa Fe Gold Corporation Message Board

vincent_ricciardi 1 post  |  Last Activity: May 15, 2014 6:08 AM Member since: Dec 11, 2003
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  • AXAS pull Bbck after solid positive earning results to me is a just based upon market sentiment. The oil and gas sector has been in a nice boom averaging 18% gains in 2014 with AXAS performing at the top of the sector because our Management hTeam as delivered and exceeded market expectations. I expect these current market variations to continue to trend down a bit and new targets to be established with possible highs nearing $8.00 and lows around $4.00 if market sentiment remains bearish. Ultimately excellent results have been reported and will continue for seval quarters Management has developed a strategy that has been executed and she noted stock price that is definitely at the lower end of the our current stock evaluation IMHO. The current top three market sectors this year is Oil/Gas which AXAS leads all gainers, Wind Energy (VWDRY, TRN) and Gold and Silver (SLW, AUY, AUQ among others are at least 30% undervalued) which to me may pop at anytime in the coming quarter as the devalue of the dollar sentiment shows its ugly head. I'm also expecting the internet stocks to rally in the coming quarter GOOG, BIDU, FB, YELP these stocks appear grossly under-valued in light of current market valuations/earnings. I say load up on the pull back on this gem unless I'm missing something please enlighten me.

    Sentiment: Buy

0.20-0.01(-4.76%)Aug 1 1:38 PMEDT

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