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I fully expected this little pullback. We didn't churn in the .80s nearly long enough before making s move over $1. It won't take long to get back above. Next break of .90 cents sends us to $1.15, IMO. Probably won't be more than a day or two of churning in the .80s before the next leg up.
PokerStar
Well over 1 million shares just ask slapped over .10 cents
Quarters comin'.....
PokerStar
Concerted take down at the very same moment on 4 of my 6 stocks on my stock holdings that have been green with multilple solid days of trading. Try to convince me that trading algorithms aren't responsible. Crooked MMs!
PokerStar
Come on flippers......keep selling and fill my .30s please.
PokerStar
Almost 600K and that represents almost 10% of the total daily volume so far. Just sayin'.
PokerStar
Well said. These low prices will be a thing of the past soon. Even as these crooked MMs continue to short cover large blocks between the bid and ask, it is not affecting the strong buying. And we also were contending with flippers that already announced to the board that they already sold before we broke through the wall @ .35 cents. Higher highs incoming as traders are seeing that this is NOT going lower!
PokerStar
Just a matter of time. Today, tomorrow or by Friday, IMO. Too many huge catalysts about to be announced to send us on a major ride north. Don't be keft behind folks, sitting on the bid, hoping to save a few bucks. The ask is where it's at. Once the ask slapping starts again, as it always does after a big block is finally sold off. It moves hard and fast when level 2 is as thin as it is now. Go AXXA!
PokerStar
The big block seller from earlier caused the buying to slow down. Next leg up starts at any moment, IMO. As soon as the ask starts getting slapped again, we are right back to .085 and beyond. A .09 cents close should be in the cards for us today.
PokerStar
Shorts are in defend mode but they are losing the battle. The market knows when a stock has had it's price beaten down. Revovery is just beginning.
PokerStar
The market is suggesting this is just regaining some of the losses caused by short sellers and year end tax sellers. Up we go!
PokerStar
Because shorts are covering between the bid and ask. Large blocks, 100-200K blocks being covered all morning. More to come.....
PokerStar
That block at .35 got eaten up in a hurry. Looking like shorts are in scramble mode now.
PokerStar
Looks like a few flippers took profits already and the little dip that it produced was mild at best. 35s will be back up in a matter of minutes.
PokerStar
Lol....yeah. You're probably right.
PokerStar
You don't make money watching a reversal begin right before your eyes and not make a play. I never said this was a deal at the 52 week high of over $7.70, but it's got a hell of a lot more upside from these crazy levels than risk. Good luck and Happy New Year to everyone. Tomorrow, buyers flock back in big time and we continue our trek back to at least .50 cents short term. IMHO!
PokerStar
Every stock has a valuation and that valuation fluctuates based on many factors from dilution to acquisitions and so on. Who determines the price of a stock? The market does. Traders base their entry on a stock by many factors where the biggest factor is the "risk versus reward upside". If you think a stock is overpriced, do you scramble to make that trade or do you put it on a watch list and watch for a major dip before starting to build your position? The same can be said when a stock is undervalued, except the action is different. When you see what you believe to be a real bargain and the market agrees by increasing the valuation, you start building your position right away. People were snapping up shares for over $7.50 one year ago. Was this stock overpriced at $7 at that time.....HELL YEAH.....did I buy a pile then? HELL NO! Why you ask? Because I felt the stock was overpriced and had much more risk then the tiny amount of upside potential. So that being said, if the market felt this company's valuation was once worth over $7 and since then, nothing other than the usual growing pains has changed with the company, but the market now says it's valued at under .30 cents, you have to look at the price driving metrics at work with the company and determine the "risk versus reward" from this level. Nothing in the market is ever guaranteed and to invest, you first have to determine when to lay down your bets. With the obvious shorting by MMs along with some light dilution and year end tax selling, the downside pressure was huge and dropped the price in a big way. Now that they've managed to drop the price from over $7 to under .30 cents, traders need to evaluate the company through their own DD to determine the risk versus reward from the .28 cent mark. How low can it go? How high can it go? Is there a better chance that 6 months from now, those shares bought at .28 or wherever, become worth more or less than today's price. That is what matters. I believe the upside here from .28 cents far outweighs the risk from this level. Not only me, but the market is starting to see what many others as well are starting to see. Is there a better chance that a company that, within the last 12 months, that traded at over $7.50 and now trades at .28 of going lower after starting to rebound from the low of .20 cents or is there a better chance to regain some of the lost valuation? I believe that answer is very clear and I'll ride along with the market as that happens. If one doesn't believe in a ticker.....any ticker.....there are many thousand other tickers to choose from. Good luck fellow HMBLers and Happy New Year one and all.
Thank you and sorry about the novel I wrote. I just wrote another novel over at HMBL* if you're interested. Lol. Happy New Year AXXA shareholders.
PokerStar
Well said. AXXA is still somewhat stuck in the mud to a degree. Although the company is growing by leaps and bounds, the price continues to be manipulated. When analysts suggest a valuation of well over .35 cents based solely on market cap metrics. What has gone on in the background with more acquisitions and expansion in Myle1, proper valuation will catch up eventually. I used another fast growing ticker (IQST)* in another post as a comparison to our gem. After manipulation went on for over 1 year keeping the price below .08 cents and every time it made a move over a dime and beyond, within a day or so, it was manipulated right back down to where it all started and sometimes even lower. The manipulators be it MMs or a group turned it into nothing more than a quick flip. Nobody that was long made money. We all just continued to watch 20-30% daily gains evaporate by the next day, regardless of how good the news was. They did this for over a year, pissing off enough longs until they moved their money elsewhere or tried to successfully play the same game without their play book. Sometimes you timed it right, sometimes you didn't. My point of this was, if the company is growing and the price is not yet reflected, eventually it will. IQST* just broke through the $1 nark after spending the last 3 months bouncing between .38-.60 cents. I don't like to play the flipping game ever. I prefer to enter every stock for a long play unless something really serious develops that is pointing to a major price reduction, otherwise, I don't sweat the daily ups and downs if the company is legit and growing, but the price is not reflecting that growth. If I believe in the company growth trajectory, I add more on the dips like I've done here. Why was this stock with it's revenues and very decent share structure ever trade under .02 cents? Zero reason but manipulation. AXXA has suffered those same manipulations but time is running out on those manipulators. I was very pleased to see us break through .09 last week......Although it didn't hold, we did close above .08 cents with increased volume. Thursday and yesterday we watched those same manipulators try to lower the price again like they did 2 weeks ago, from mid .07s back down to .055 where it started from back then, but this time it was met with buyers stepping up and buying the dip. Between manipulators and year end tax loss selling, we saw enough buying strength to revover from their bear attack that dropped the price down temporarily below .07 cents and recovered slightly back to mid .07s. Monday, we no longer have the tax sellers in the game and manipulators are losing the battle here as we have many catalysts coming our way in January. Along with increased awareness and coverage, AXXA will see a major price shift to more reflect our true valuation. Like with IQST* just did, their valuation is catching up to their growth. Our time is here. After we break the first dime, we will explode to new highs, many thought weren't possible. I am locked and loaded. Give me lemons, I'll make lemonade...... give me an AXXA price dip and I'll add more. Think market cap here folks and you'll understand that our valuation is sitting somewhere out in left field. All that changes in 2022 with strong trading. Best of luck brother and Happy New Year fellow AXXA shareholders!
PokerStar
I've always found it amazing how they can drop the price here a nickel over the matter of a few minutes on light volume, then it takes 10 times the volume to bring it back to where we were. Short MMs are starting to cover as the buying pressure is returning here.
PokerStar
To each their own.....that is why the stock market has it's ups and downs....different outlooks for the future. I happen to believe this has much more upside than risk at these prices. Anything under .40 cents is a steal, IMO. Good luck with your trading.
PokerStar
We will not regain all the losses in one day, but the tide has turned and the buying pressure will return here with a vengeance.
PokerStar
Between the MMs shorting along with end of year tax selling and any potential dilution has caused this end of month pressure on the bid. Lows are in, IMO, and nowhere to go but up from here. Bargain hunters will be out in full force early next year, swooping in and buying this right back up over .50 by mid January. Take advantage folks.....these prices will never be seen again.
PokerStar
Anyone that has watched and thought about getting in as this ticker climbed to well over $7, can today, buy those same shares for around .25 cents. The same business, the same business plan and relatively the same O/S, but you can buy it for around a quarter......SIGN ME UP! This is just the beginning of the rebound of the century. Things are just heating up. Back over .50 by mid January, the latest, in my opinion.
PokerStar
I read a great article in the last few days referring to growth versus company accomplishments. It notes that as shareholders, you must look at what the company has accomplished in terms of goals, not the share price. Eventually, regardless of the price manipulation for a period of time, the price eventually reflects those accomplishments. A good example is another ticker that has been breaking out, that I'm invested in. It was stuck in the mud for over 1 year, being held down by a group of shorts/MMs. That ticker is IQST* and every time it made a move north, it was shorted right back down. It was around .08 cents and every time ut went above .10 cents, within the matter of a day, it was right back down. But as the company's accomplishments kept pilling up, eventually it broke through. It did the same pattern at .20 cents and recently between .40-.60 cents. Today, it broke through $1.00. It just goes to show shareholders here, how NOT to lose faith and understand the metrics and the games played by MMs to make a market in the OTC. Eventually, the price catches up! Keep the faith everyone and add the dips as they occur and hold on tight to every single share. 2022 is our year to get that same shareholder value in out AXXA holdings. IMO!
PokerStar
Short covering and bargain hunters are converging causing some serious big block buys on the ask. It won't be long this blasts back into the .30s today and set us up for a massive price explosion in early 2022. No reason for this to have been attacked for mercilessly. Rebound just beginning! Grab the short lived dips when they happen.
PokerStar
I'll be curious to see the short numbers after today. These dirty pr*ck shorts started shorting at .09 after strong buying all morning. Criminals!
PokerStar
Over 40 million shares traded so far at an average of just under .086 and these short pr*cks were able to drop this back to .077???? What is wrong with some of you traders????
PokerStar
Lol.....OVER 1.8 million covered by a short at .179 and was booked as a sell on the tape. Lol.
PokerStar
Absolutely brother! Hard to understand anyone selling now. Momo is just starting again and with all the coverage this gem has been getting lately. Some tickers sell off for tax losses this time of year and other tickers that have a great chance for massive growth in 2022, like AXXA, are being accumulated like crazy. This baby us just itching for a break of a dime, then things really heat up in early January. Very few, other than a few flippers are keeping this in a tight range but we will see bid sitters lose patience as the ask starts getting slapped regularly and the price starts getting away from them. The longer they wait, the more expensive this will become with sustained buying pressure again. Don't wait too long begore pulling the trigger!
PokerStar
This selloff/profit taking was way overdone. Smart money has scooped up everything they could in the .15-.16 range. A major reversal is going to happen at some point, be it today or tomorrow. Selling has dried up. Those that wanted out, wanted to lock in profits, or sold for a tax loss before year end are DONE! When this starts to move again, it will be quick and violent. A break of .175 and we start our trek back to .20 cents for starters. IMO.
PokerStar
I'm curiously watching to see just how low all this year end selling takes this ticker. A break of .20 cents will drop this to a dime in a hurry, IMO. Feel sorry for all those shareholders here. Looks like this could get a lot uglier before things turn around here.
PokerStar
My thoughts exactly......a dip that many were hoping for is upon us but the cheapies won't be here much longer,IMO. As soon as we have a big buyer or two step up, this blasts back over .09 and probably higher before close. Know what you own and have some patience. Why sell for low to mid .08s when you can sell for over a dime by next week or sooner?
PokerStar
We bust through a dime and probably beyond by Friday, in my honest opinion. The shorts that took us back down from our recent highs in the .08s will have a fight on their hands to drop it again. Many eyes on this gem with huge updates coming in early January. Zero reason for shorts to entice any selling moving forward. Anyone who wanted out, got out on the last short attack while others like me, took advantage and added the bargains. Those bargains will be few and far between now......too many catalysts coming for us to move anywhere but exponentially higher. We had a super green day on Wednesday with modest volume. Another day or two with solid buying and increased volume will close out 2021 with a major bang. We break through our first dime and I'm suspecting that break will explode even higher as the scramble for more shares by savvy investors and flippers and yes, we can't forget the shorts.....they too will be fighting for limited shares. Things are just going to get hotter and hotter with this gem! Know what you own and sit back and enjoy the ride to multiple dimes by June 2022!
PokerStar
246 million shares traded today with a value of over 45 million dollars. Follow the money. A lot of peeps that wanted in or wanted to add got their chance. Many new investors took advantage of the sell off. With a couple of days of profit taking and a low of over 60% less than the recent high, sellers are done. Slow and steady rise back over .20 cents tomorrow after a slow start, IMO.
PokerStar
How in the f*ck did we close red after challenging a break of .08 cents and almost 47 million shares traded with an average price of over .073???? Talk about a group shorting this! Blocks of 500K and 1 mil in the last couple of hours. If one had 1 million shares, with an exit strategy to sell at .063, why would you not be slowly unloading when we opened well above and traded over 40 million shares between .07 and .08 cents? Obviously because it's shorting, enticing selling as they continue to put up big blocks on the ask, then another starts undercutting the ask. There is ZERO reason after Friday's good news that we closed red. Tomorrow, after these jerks are done playing, we'll rebound hard and fast as strong buying will force a squeeze. IMO.
PokerStar
Looks like some were able to get some low .07s but I think we break back above .08 before close. I'm expecting increased volume in power hour and a big push north in price, with continuation tomorrow.
PokerStar
That's all it will take. I'm expecting a 100% increase from these levels in short order. A little stronger volume would help but I'm happy with the slow and steady price increases.
PokerStar
Don't be fooled here peeps.....this will be back challenging the high before close today. We are just beginning our trek to a dime and beyond.
PokerStar
Thanks for the correction. I was on a 1 year chart but it was actually showing a 6 month chart. Either way, lots of room to move much higher than I tought. A dime will come this week, in my opinion.
PokerStar
It's not uncommon to have intraday pullbacks when a stock has momo. Big buyers, and MMs trying to get all they can, for as cheap as they can, before the real breakout begins. We are closing in on the 52 week high. It's going to bust through.....if not today, it's coming. Great growth continues with this gem and we are well worth a dime and beyond, based solely on Friday's news. Know what you own folks and hang on tight to every share!
PokerStar