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AXTG: WOW!! AXTG breaking out hard - got through ClayTrader's projected resistance at .22. Should go to .30's now.
AXTG: WOW!! AXTG breaking out hard this morning through resistance at .22
AXTG breaking out hard this moring, breaking through resistance at .22
Big deal. Since when has another license meant anything in terms of shareholder value. It used to be that the stock would spike up to around $1.35 with news. Now it sits at .115. I am at a loss to understand what is going on here.
ClayTrader: AXTG chart is getting interesting. Any update?
AXTG breaking upward
AXTG breaking out upward right now.
AXTG breaking out and up this afternoon.
FUQI is a Monster, but is not a bank. FUQI is a Chineses jewelry and silver merchant opening many stores and revenue growing in triple digits. SP has tripled in last 6 weeks, but still undervalued.
Agree.
am with you on KERX
Clay: TONE is interesting. Can we get a chart on TONE? Any bank that concentrates in real estate loans is struggling, but to be trading at $2.15 when book value is still $14.46 (down from book in high 20's 12-18 months ago)seems crazy.
FUQI, WAVX and AXTG breaking out. FUQI way out of gate. Now it is PTSC's turn.
DAYTRADER2008 Maybe a bit low on AXTG market cap, but that is fairly accurate. AXTG is a small company which is laying the goroundwork for the new product, and has traded as high as $3.00 ($1.47 in last 18 months). A lot of reasons why price is depressed, and application is pending to go on OTCBB, but when it runs it runs fast, e.g. the day late last year when it went from .18 to .47 in a couple of hours. All it needs is new news, some volume and more market makers.
Look at FUQI, WAVX & AXTG. Maybe too late on FUQI after +350% run, but not too late on WAVX and AXTG.
AXTG, WAVX & FUQI - Conix, if you are liking the AXTG chart, take a look at WAVX and FUQI. Too late on FUQI after recent +350%, but not too late on WAVX and AXTG.
FUQI - Anyone else still riding the rocket on FUQI?
FUQI: WOW! Check out FUQI. what a turnaround over past 8 weeks.
Amazing - a stupid $16 trade could skew the picture like that. Unless it was someone trying to up the bid from the earlier .15 and just not getting a fill of any more than that (has happened to me when I try to get in in the middle of a large spread) it is manipulation pure and simple. The kind I wrote of last week. And then, the same thing on the other side - a $19 trade of 100 shares on the buy side shortly thereafter. The bottom line though is the 46,000 shares going through at .18 and .19 earlier in the day over a brief period. Good, but we still need more volume on the stock.
Agree. finally some positive outlook and potential reward for 10 years of patience. But, with guys like George Gilder on the Board you still have to be very suspect of this stock. Go back and look at the years where the Board of directors were taking out salaries in excess of the revenue.
AXTG - Conix, you are right about the spread. Trading action very positive today, all at .18 -.19 and good volume, but the market maker dropped the bid down to .15. 3rd day in last week that all the early action is on the buy side and going up and the bid then drops back. Need more volume and more market makers. Of course, when the bid is that low you can come in in the middle and become the bid or raise the bid.
Trade is positive, but low bid and size of spread is a concern. Strange like Friday when the bid dropped precipitously from .17 to .145, even though all of the trading had been going through on the buy side above .17. Need more volume and more market makers.
WAVX - Check out the last week to trade in WAVX. No news ,but looks to have broken out hard.
AXTG also breaking out and looking ready to run.
Yes TRIXXX, there is definitely BUYING GOING ON, and all in the last hour at .18-.19 But, what does anyone make of the goofy spread again this week?
AXTG (Axis Technology Group) is a company that has patents on daylight harvesting ballasts for installation in large commercial buildings. The ballasts ramp down energy usage when there is sufficient daylight coming in the windows to dramatically reduce energy usage. Timing should be great going forward given new Obama Admin.'s emphasis on "green buildings", etc. Texas A&M studied the effectiveness with a trial install in one terminal at DFW International Airport, and the published results were very positive. Apparently, DFW has put out an RFP for construction bids for an install of the AXTG ballasts in Terminal B. Great story, but has lagged patential of late. Recent action looks positive, since rollout of newest product at industry Lightfare in new York a few weeks ago. Recently posted chart analysis (charts are coooool Board) suggests that if stock can get back to and through .22, then should ramp higher from there. .19 today. Volume is, however spotty, and certain market makers have too wide a spread.
AXTG and WAVX both looked to have bottomed and trurned late last week. COuld be primed to higher. AXTG in particular appears to have been oversold given the potential for its light harvesting, energy saving ballasts for commercial buildings.
Action in AXTG and WAVX very positive late last week. No news on either, but AXTG in particular appears to have been oversold due to lack of news of late. Both appear to have foundatin for long term success but rocky at times.
It is really more an answer to the "green building" requirements. It harvests daylight and ramps down the energy usage in large commercial buildings, providing incredible energy savings to large commercial landlords and owners of large buildings. it was a while back, but Texas A&M did a detailed study on a trial install at DFW international Airport, and its released findings were qhenomenal. My understanding now is that DFW has put our an RFP for bids from contractors to do an install of AXTG's ballasts in terminal B and who knows frmo there. Also, New jersey Dept. of Transp and Turnpike I think. Slow process but believe there is significant potential.
Interesting Chart Analysis - picked up some interesting chart analysis on AXTG n another board. This is the link
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38244673
charts are coooool is a very useful board devoted to chart analysis. Agree that if AXTG gets back up to and through .22 that breakout into .30+ may be possible.
Thanks for posting this observation and the useful and informative chart and information. I follow this stock and agree with your analysis and this respected chartist. Recent action in AXTG has bee interesting, but I think if it gets to the .22 - .24 range it can break back up above .30 in the short term absent news, and perhaps higher with any positive developments.
Thank You. I was getting tired of all of the misinformation being spewed out here recently, and the sheer ignorance of those who are trying to drive the stock down. It doesn't take much to confirm the actual facts and differentiate between correct and accurate information and the false posts. There is a big difference between a PR put out by a distributor concering the level of its overall product purchases and a PR put out by a publicly traded Co. So, one of the installs by the distributor was not that significant. That does not mean they did not place the overall order they claim to have placed. This is a decent product. The published Texas A&M study on the trial install in the one terminal at DFW International airport bears this out, as does the fact that DFW has put out an RFP for installation the Axis ballasts in Terminal B. Patience is a virtue here. We do not need the day traders and the individuals who have a horizon of a few hours or days. Since Z-axis sold out of his remaining 25,000 shares at .16 yesterday, the trade has been positive and more reflective of the actual incredible potential for this company. But, what does anyone make of the market maker(s) in this stock. Since when does the bid and ask drop like it did yesterday even though all of the trades at been at the ask, i.e. 11,850 sh. had traded yesterday morning at .165 while the spread was .155 - .165, and then after that many shares going through at .165 the bid and ask drop to .145 and .155. That could have been due to Z-Axis trying to complete his bailout. But then, this morning the bid and ask was .17 - .175 and 35,000 sh trade, mostly at .175, and then then the bid and ask plummet to .145 - .165. Strange reaction to the apparent buying. Must be shorts or naked shorts laying in the weeds. If so, they are likely to get caught in an uncomfortable situation.
Sorry: I am not the same person. Note my limit of 3 posts yesterday on my first day, which is the limit, and the fact that they will not let you have more than one account at your e-mail address. Just an interested investor who has followed AXTG and its product with interest for over 2 years. I did pick up an additional position over the past 2 days, as I believe that the foundation is set for clear and real progress in this breakout year. Am not an insider- just an investor with a six-figure share position. Glad that weak players, traders and shorts may be getting out, as opposed to long term serious investors. There is a difference between trading and investing/traders and investors. In recent past there have been too many people trying to drive the stock down, e.g. the individual who posted the false information here yesterday on the status of the Form 10 application. Things take time with these small companies. But, history has shown that the significant and true benefits are reaped by those patient INVESTORS who get in early, i.e. before it is too late. Z-axis, I wish you all the best.
lcbuckshotg: I have to admit I was alarmed when I read this. But, I have now confirmed it is not true. This is the problem with these type of posting forums. You never know what anyone's agenda is, what is accurate, what may have been misconstrued, etc. I contacted AXTG's IR representative this afternoon, and he was shocked that anyone could have interpreted any conversation with him into making this type of preposterous claim. You know what this is like - the rumor that spreads throguh the school yard without factual basis. It is my understanding from IR that the company is still working with the SEC on its Form 10.
Trader Dick: That is unfair. Trixxx did not say he sold. That was Z-Axis who sold out at .16. My condolances to Z-Axis on getting out, but my hearty congratulations to you, Trader Dick, for having the foresight to pick these shares up before it is too late. Any more sellers out there? I second what Trader Dick said in terms of this being a great opportunity to buy at this level.
TRIXXX - your post was very thoughtful, but I think you are too pessimistic. The story here should only get better as the new "green building" emphasis takes hold under the new Obama adminstration. Additionally, the launch of the new product at the recent light fair in New York, along with the recently announced projected annual demand from just one California distributor are positives. Things like this always take time with small companies like this. The problem is, as this story takes hold and unfolds the stock will recover or take off at some point, and when it does it will be too late to get on the train before it is out of the station. Of course, if as it has appeared at times, there are shorts out there, then they could be caught with their pants down at some point.