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Wow, Axxa 82% short yesterday. Shorts are out of control. Shorty CDEL is very active.
If this company is smart, Axxa can have a huge short squeeze. Contact Axxa and please let them know long term shareholders.
Quarterly financial is also coming on August, imho.
Date Close High Low Volume Short Volume % of Vol Shorted
Jul 12 NA NA NA 4,030,434 3,326,900 82.54
Axxa
If that is the case, what are you waiting for orca? This is a rare penny stock company with the huge assets and good profits quarter after quarter.
Book value 0.40 by golden research two years ago. Now, that number should be very high.
Time for MMs and shorts to show retail investors power? With good volume, this will have a massive squeeze, imho.
Axxa
Hope you are right.
But, last time when it ran to 0.18, all other stocks were going to the Moon. My 10 years old no bid Caveat Emptor stocks and other no bid stocks went up from 500- 10,000% for no reason. All otc stocks had crazy run.
Otc stocks are getting beaten down for the last 4-5 months now. Hope trend will reverse soon, imho.
Axxa
2M shares available at 0.0365. Could be a good opportunity for someone. I wish I had dry powder, imho.
Axxa
Axxa also have 1Myle. But, where is the details? In otc, company should act fast. Where is the exposure for that?, imho.
Axxa
What a difference between Axxa and Aa*BB?
It's all about the exposure.
Aa*bb: is trading at 0.15 with 2.25B OS
Axxa: is trading at 0.030 with 555M OS
Otc crowd loves Aa*bb. Can Axxa management learn something from them? I guess not, lol, imho.
Axxa
Quote
Until AXXA gets conventional audits done
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Agree. Audit would allow this company to uplist to higher tier. Audit was supposed to complete last year. But, Axxa said it was too difficult to audit all international subsidiaries. I didn't like that answer.
I believe audit should be their one of the top priorities to uplist Axxa to the higher tier. Higher tier will attract different types of investors and will have less manipulation than the lowest pinky tier, imho.
Axxa
Short volume yesterday was 7M- that was about 55%. It seems shorting and note holders are both killing this stock.
But, today's PR says, restructuring was non dilutive to the shareholders. If this is true, shorting is damaging this stock, imho.
Axxa
Shareholders should send email directly to Boris and ask for clarifications, imho.
Please post Boris email somebody.
Axxa
With this type of financial and with right exposure, this stock could hit 0.3 to 0.50 this time. They could have sold few shares to pay the debt and they could also have awarded long term shareholders in the same time. Company valuation would be higher too. I just didn't understand their strategy.
It seems, I don't understand business especially in pinky land, imho.
Axxa
Quote
Plan currently addresses approximately $5 million of debt
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You may be right. It says, approximately. That can be translated to "more than 5M" in pinky land.
But, the point here is, WE the shareholders are paying the debt, it seems? Just the guess, don't know the facts, imho.
Axxa
June 14, Axxa tweet:
ExxeGroup #Official #News #Release highlights
* Restructuring plan lowers debt servicing costs and improves cash liquidity
* Certain debt maturities are to be eliminated or extended by up to 60 months
* Plan currently addresses approximately $5 million of debt
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$5M of debt. Selling is ongoing for almost a month. $5M is the key here, it seems. We should be close now, if this is the case.
We just don't know the fact yet, imho.
Hoping for the best as always for the last three years.
Axxa
10M shares and Axxa is in red. CDEL has a lot of shares to sell, it seems. Is this a dilution? Can someone confirm with TA?
Very painful, imho.
Axxa
Dilution and shorting both kills stock. Seen many times before, imho.
Axxa
Short more. Let's see. Time will tell who will be sorry soon, imho.
Axxa
Wow, more than 70% short for many days. With proper news hoping for huge short squeeze, imho.
Axxa
Many folks expected 0.40-0.50 by now. I don't know what happened, but Axxa is being held down to 0.04 level for almost a month now.
Hope financial filing will clarify the issues. If they have good news on 1Myle, things can change here quickly, I believe.
Eventually, I want to see 1Myle progress and website, imho.
Axxa
Welcome back Nate.
I agree with "exposure" part which Axxa management never understood.
Uplisting will definitely help, imho.
Axxa
We still have the whole day left. Let's see. Hoping for the best, imho.
Axxa
I know it's frustrating. I want to see right now. But, the point is I am prepared for anything here, imho.
Axxa
Axxa
This stock should already have been trading at 0.15 level with the book value of 0.25. It seems note holders killed the momentum. If you notice, Axxa is trading at 0.04 range for the past three-four weeks. We bought millions of shares, but still at 0.04 level.
Little volume moved big in the past, but this time was different. I don't know what's going on behind the scene.
Hope news will change this, imho.
Axxa
I don't know what is good about it, but it seems there are a lot of shares to be sold. Nothing is moving this past 0.045-0.047 level for the last three weeks, lol, imho.
Axxa
This must stop. Otherwise, no matter how big the news is, Axxa can't run. It seems, there are a lot of shares in the market.
Stocks jumps organically before good ER and when ER comes out, pps is primed to touch all time high. They are not giving any room to move organically here. I don't know whether that is a smart move as you said, unless I don't see what you are seeing.
Somebody please contact Axxa mgmt and let us know about it, imho.
Axxa
It seems selling still not done yet. We need more volume, imho.
Axxa
You guys are already planning for beach party. Are we at 0.40 yet?,lol.
Axxa
Thanks dc. That makes sense.
Hopefully, this selling spree will be done soon. I want to see Axxa's real pps, imho.
Axxa
At one point they won't have shares to sell and we blast. I think Axxa mgmt knows the number exactly, imho.
Axxa
I am watching the same drama from the last three weeks. I bought 1.5M shares in ask ranging from 0.042 to 0.05 in that period and someone immediately brings the price down.
My question is, who has this many shares to sell? Either naked shorts, or note holder cashing out? Imho.
Any expert here? Anyway, our time will come someday, imho.
Axxa
Cool. With some volume Axxa will fly. We need 10-20M day volume for few weeks to a month to see Axxa's real value, imho.
Axxa
Volume still sucks, interest still sucks, unbelievable, imho.
Hope things will change soon.
Axxa
Axxa Tweet:
Quick Hints Summary:
* I got some great new deals on my mind
* 1Myle new mgmt kickin' axx, I had a glimpse of a 1st class CRM
* fins? we gotchya, we've got all we needed for #q4 & #annuals, working non-stop to deliver it asap, can't wait to wow $AXXA fans one more time.
11:19 AM · Jun 23, 2021
https://mobile.twitter.com/exxegroup
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Sounds good, imho.
Axxa
They chase high volume stocks only. They don't see Axxa kind of stocks, unfortunately, imho.
Axxa
Awesome Rattlers. That is more than $3M alone from CVSI. I am jealous, lol.
Hope Axxa will follow the similar path, imho.
Axxa
With 0.15 and 8 figure account, it takes about 67M of shares, imho.
Axxa
Quote
new AXXA's soon you will be up 6+bags and us old AXXA's will be up 40+bags.
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After three years in Axxa and with millions of shares, nothing matters more than pps now. I just hope you are right in your pps projections for all of us, imho.
Axxa
Had a high hope by now. Feels like a pos. Very frustrating to see red after red, imho.
Axxa
We bought millions of shares in the last three weeks and Axxa is still in red. Selling can't be from retail investors. I personally bought more than 1.5 M shares, imho.
Axxa
Axxa Pink Current
AS 680M
OS 555M
PPS 0.042
Volume 3.8M
PHI*L Stop -Limited Information
AS 40B
OS 25.8B
PPS 0.018
Volume 1.3B
Welcome to OTC market, lol.
Unless Axxa gets uplisted, this drama will continue, it seems, imho.
Axxa
Cheap shares are still on sale. Don't know who is selling? Unbelievable, imho.
Axxa