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LV Cowboy, thanks again for doing your best to get at the truth for us shareholders. I too have almost 100K shares, have avoided selling and continue to hope for a miracle. Thanks again. El cabo sin dinero, aka el capitan
Thanks for the excellent and thoughtful posts. I know the fundementals of this company to be sound and may continue to accumulate over time. Here is what worries me however. This stock trades very lightly. On most days the average volume is less than the shares that I personally own and the value of my shares is only about 10K. I will not sell any shares until it reaches over 1.5 cents and then only gradually since I believe it will go to 3 over time. I have very few penny stocks and am willing to wait this one out for a real profit or lose it all. Most of my individual stocks are big cap high quality and are getting killed right now along with most of my mutual funds. How can any techninal analysis be accurate on less than 5K per day total dollars traded? What will it take to make this stock a)noticed b)move up? Thanks in advance. El cabo sin dinero
unfortunately there is almost no new buying. We know even less now about this company than we did a long time ago. I probably will not buy anymore. I will sit on my 75K shares. Probably will take a big loss, but I won't sell. Someone keeps selling really small lots of stock which seems either stupid or malicious. I guess holding onto all these shares with no buying and no good news is equally stupid. Luckily, there is money to be made elsewhere. Best of luck to all longs going forward. El cabo
anyone with any news however slight? I am getting tired of holding the bid and ask in the face of selling. I think I own enough shares at this point to paper the axma catherdral. It will be a bitter fall indeed if this thing drops to zero and I cant hold it up.
well another week of big loss on wall street and axma has held over a dime. i have done my small part buying small amounts of stock whenever some hateful sh*thead sells two hundred shares to lower the bid and ask, I have an automatic alert that allows me to buy the same number of shares to raise it right back. i see that others have done the same thing. i suspect it is an exholder from this board who held onto just enough shares to annoy us like the bug that he is. hard to say what we are holding onto. but again it is a glaring irony that on days when apple, google, goldman were all taking big losses, we held our own. Many of my friends have lost BIG time last few weeks as have I. Like LV cowboy, I hold lots of shares of axma. unless the company goes belly up, i think we are OK holding on. If we fail, we will have remained faithful to our dream of riches. who knows, this could be the biggest surprise of our lives, kind of like playing a five cents machine in AC or LV and getting 5 sevens with a payout in the thousands. good luck all longs. what fools are we. who says that wall street is any different from LV? El capitan.
On a day (yesterday) when everyone everywhere was selling everything. there were those of us buying including axma. we remain in rough and uncertain waters. our charts have been washed overboard. the company management has left us in the lurch. BUT, for us the stockholders this is our ship, albeit adrift at sea, we are on the deck looking for signs of land. We will not abandon this ship. Others feel the same. We saw that yesterday. El capitan
Thanks for the list; lets hope this is the beginning of a new trend to keep this over 10 cents at decent volume. Looks encouraging. Note that some f&%$#ing pos sold 200 shares almost at the end of tranding (at 3:58) to drop the ask by a penny. Why on earth would someone care about 20 measley dollars worth of axma? Could they be that vindictive or that stupid? I hope that it is not someone on this board who now claims they are out but saved a few thousand shares because they have nothing else to do with their wretched lives. They would have to be an obsessive psycho who follows every trade and waits for opportunities like that to drop the bid/ask. They probably have satanic alters devoted to antiaxma and pray toan antiaxma devil. They will be defeated in their evil ways. I hope they find a real life and use the twenty dollars to augment their food stamps. The volume is definitely moving in our direction. The strange thing remains that we know nothing about the shape of the company although we and others believe it still exists, giving this the aura of an occult religion. I am in this to the bitter or sweet end. I will proudly hold my shares of axma along with real shares of real stocks like google and GS until we are either vindicated or destroyed. The captain sails with the ship in the morgan.
I continue to buy even a few shares at a time to boost the bid ask, but I need some help like a million or so shares to be bought. Who knows with this company. And these is some jerk equally willing to sell a few shares to lower the bid ask knowing that the spread is two cents and he will not get any more than he did. I dont get it, but I am in this for the long haul/end. Go John McCain. El cabo sin dinero.
I appreciate the support/information. Nice to have a few replies to my posts for a change. I have been buying MGOA in bigger quantities for a few weeks now, usually anywhere from 10 to 25K each time. More than once I have been screwed on the price, thinking I would pick up the shares for a penny less than I did. I think I will now hold with my average price of about 6 cents. Since I believe this will go much higher, I will not be selling any under 10 cents unless the whole market collapses. Another stock that I think is headed for the moon with a recent great chart and solid fundementals is ONT which I have been buying for about 2 months. Curious to hear what others think about that one. Anyone else buying GS calls? Thanks in advance
i write messages on this board and no one responds. seems like only a few people here who know each other talk to each other. OK. will try one more time. saw the messages about trading last few days. today I tried to move the bid and ask up with fairly large purchases and couldnt get it to budge. Yesterday it went up and down on small blocks. Hard to figure out. I will continue to buy more and more shares. Hoping for something good like 20 cents. ONT seems to be moving up finally as well. El capitan
9 and a half cents from low of 7; I think I did my part today. beginning of a new trend? Lets go axma. bigger volume, no one could sell the bid and ask down. i was buying. i will always be buying. el cabo sin dinero GOOOO AXMA AXMA AXMA WAN WAN SOO
"I do believe, I do believe, I do, I do, I do." Cowardly Lion from the Wizard of Oz for those too young or too indiferent to remember. El cabo sin dinero still believes and buys. He will buy until the last hundreth of a penny. he will buy until all his resources are spent. He will beg and borrow to buy more axma. He will aways push the bid and the ask up. He will be there for the suffering masses of axma supporters and losers. Long live Axma and all who believe in her greatness and potential. Axma Axma Wan Wan Sou.
This could be our year. Dare I think a few good thoughts about this company? On a day when the whole market collapsed, we were up. Folks were buying, albeit in small alloquats. Could be nothing, could be something. We know nothing, but soon may know something. Hope springs eternal for el cabo sin dinero.
Yes I know something. Spoke with management within last few months. This stock will continue to go up and be over 25 cents in a month or so. Business model is finally beginning to work. I am buying plenty right now. At least I hope this how it plays out.
Happy New Year to the Axma faithful. Who knows? This may be a better axma year for us all. "Consider that we know asolutely nothing about the health of the company and can only speculate. We havent quite lost our shirts yet. I had a stock called iysa that had gone down to .001. It was bought out by a chinese company as a shell and jumped to 5 cents before it collapsed again. This just happened a few weeks ago after almost everyone I knew sold their shares. I made a few K on the hsares I held and forgot to sell. One of my friends who held a few million shares actually made over 25 thousand dollars on the stock that was technically bankrupt and which he forgot to sell as well. Just goes to show, miracles do happen even in the loser world of stocks like axma and iysa. Another stock I held miramar mines went from a few pennies to over 8 dollars and was just bought out. Everyone had given up on miramar a long time ago. I for one will not give up on axma. I am in to the bitter or sweet end whichever comes first. Good luck to all. El cabo sin dinero aka el capitan
I am in this to the bitter end or the sweet end whichever comes first. El capitan always comes into port with his ship or goes down with it (whatever). I am all in based on perverse principle alone.
Hello Cheng/ You posted similar information in Sept. about factory workers. Is there any change other than this one artice you saw? Can you find out any other information about the factory, production sales etc? Do you have any ability to call the company and speak to someone working there to get an update? Any thoughts about the people that keep dropping the bid and ask by selling less than 10 dollars every day to influence the price. sounds like weak naked shorting that is not working anyway. Thanks in advance. El Cabo
any thoughts on the following? Each day independent of the volume (which has been pretty thin) someone drops the ask by selling anywhere from two hundred to two thousand shares. Since the spread is 2 cents it goes down to 7 cents as it did and stayed today. I still can't believe there is no interest in this company except for some psychopath that is willing to trade off 200 shares or 14 dollars worth of stock just to drop the bid and ask. Along with my buddy LV Cowboy, we own at least a couple of hundred thousand shares hoping for a miracle that has not happened yet. Seems like someone just having a little bit of sadistic fun. what a stock. I fhave never owned anything this bad and this hopeless. How frustrating. I would prefer a few cents with zero volume as opposed to these radicalfluctuations on no news and no volume. El cabo sin dinero.
LV cowboy/ I look forward to meeting up with you in LV in the not too distant future, hopefully for a victory drink or two. I will let you know when I plan to be in town in a month or two. El cabo sin dinero
bought another 10000 shares, me LV and Jimmie, what is there about this loser pos mysterious stock that keeps us buying more and more in the face of almost certain doom? Strange. Will we one day be rewarded for our stupidity and ignorant obstinancy (sp)? It would certainly be an unexpected perverse but welcome outcome. Elcapitan aka el cabo sin dinero
The fool that I am, I continue to buy under 10 cents. Another spec of frustration. I will buy 5000 shares and raise the ask whereupon some idiot sells a few shares worth less than 20 dollars and brings it back down. happens all the time. with such small volume, someone for some reason wants this to stay low. any thoughts? el cabo sin dinero
Am I the only idiot buying at 6 cents while everyone else is dumping at 5. How low can this thing go? El cabo sin dinero
this is it. the beginning of a big run back up to 20 cents on no news no nothing. Just wanted to say something positive for a change. El cabo sin dinero
I appreciate the recent posts given the drop all the way down to 7.5. Thanks Philly for staying with the sinking ship as well. I am now down over 15K on this stock, making this the worst single investment I have ever made. I know that LV cowboy is in for quite a bundle as well and probably hurting badly on this one. Hard to believe that a company with a legitimate factory, a bunch of good products and some capital would go under, but again, there is no effort on the part of the new mgmt under Madame Wang to tell us anything. I knew some of the old board and they were not all that much better, but at least they put out press releases. I bought last week to average down a little, not thinking it would go so far sub 10 cents. Something is very rotten here. Check book charlie said so when he pulled out at a loss at near one dollar and LP was also smart to get out 40 cents or so ago. The only solace is that the guy who first told me about this company also gave me a good gold stock that went from a few cents all the way to 6 bucks. Those of us stuck here (the absolute bottom losers club) need encouragement based on real news, anything. Good luck guys but I think we are about over. El cabo sin dinero
I bought my last 5K shares at 9 cents today. The bid is now 8.5. I have promised myself that this is the last investment in this questionable company. I am down well over 10 grand and feel a little bit stupid buying a company about which I know virtually nothing. Then again, I lost 5K this weekend in AC, so I guess I could be doing worse. At least I have Google since it became an IPO, the one smart move I made in buying stocks. El cabo
I continue to remain totally mystified by the price action of the stock. I bought more the other day at 12 cents , thinking it was a real move up mid day, and low and behold, it is pulled back down by sales on a wide spread at the end of the day. I am now the proud owner of close to 50000 shares of this junk. I just hope as some predict this takes off in spite of our collective stupidity. El Cabo sin dinero aka el capitan. Dzau Gao X 1000 1000
I appreciate the news and even the optimism from others in spite of the share price. again today we went up to 18 cents and idiots brought the price down to 12 by selling a few shares. I wonder if this will ever end allowing the stock to move up. there is very little short interest and not all that many os shares. one day.......... el cabo sin dinero
Like the lasvegas cowboy, I too, a glut for punishment keep buying this pos stock hoping that one day, I can average down enough before the errrrruption that never comes. Iff this stock ever takes off, I, lenny penny and lv cowboy will become rich. Right now I am ten grand in the hole with all the averaging down. Some idiots keep selling at the end of trading on the same sorry bid. Are they that stupid to think they are selling at the ask or are they just trying to f#%k with us? El capitan sin dinero.
Have you noticed that whenever the spread goes large as it did today from 10 to 15, idiots sell at 10 thus losing the higher ask. we went on paper from 15 cents to 8 cents with no volume. what a pos stock. el cabo
once again those of us left as bagholders are feeling very poor. I am down over 10K on the shares I still hold. Any encouraging info would be very useful. el cabo
once again we are faced with the dilemma of not knowing anything of substance and responding like the men living in Platos cave to shaddows cast upon the rocks. I will send a check for 50 dollars to anyone who can post some real verifiable information about the status of this companhy and its pathetic stock. El cabo sin dinero
Great link with most optimistic view of Axma I have yet seen; however, it has to be a few years old since they state that the company is hdqrted in LV which as we know hasnt been the case for some time. I agree this is the most frustrating stock I have every owned with no news and dead money. We should have gotten out a long time ago, but we are stuck. I have about 20K thrown into this failing venture and accept the fact that it may all be lost. Luckily, I have some real stocks like Google and LVS and GS as well as lots of mutual funds to balance off this stupidity. This goes beyond high Beta risk taking. This is a pure gamble play. Red we win, black we lose all. If this ever happens, of course we will feel great for sticking it out, but I think Lenny Penny like Checkbook Charlie before him may have seen the writing on the wall only to leave us fools left here with baseless hope in a bad stock.
Has anyone posting on this board been able to get through to the company in China? It would be helpful in the absence of any pr to get some info from one of the current managers. I am a holdover from the old days when the company was in LV and I knew people on the board. Since then, nothing. I speak with the comcast people from time to time and they have no news for over a year now. I averaged down twenty times but still am way down. Ironic had we listened to checkbook charley we would have sold near a dollar. Some of us are sitting on a ton of shares with little or no knowledge about this company going forward. I suppose we could do this until we start to either die or leave the board or sell for a loss. Someone here should be savy enough to track down a number or two for Mdm. Wang and some of the new board. Any takers? This element of hope in the absence of any knowledge is almost pathologic. El cabo sin dinero aka el capitan.
Thanks LVC for the kind words. We have to get together for a drink one day in LV. Hope that the ship sails into port and that we wind up rich not broke. Anyone follow the trading today? 100K shares trading hands. On the one hand, glad that it held at 19cents; however, wonder who and why keeps selling into any fleeting pocket of strength thus keeping the price below 20 cents. Would love to see just one more day of big buying at/over the range. Someone wants this stock below twenty cents at the present time for reasons that remain unknown and it is not naked shorting that is doing it. El cabo sin dinero aka el capitan
At least the stock seems to have settled into a trading range of 15 to 19 cents. I bought more at the low end a few weeks ago but have no clue whether this is a real deal or complete air. I can only say that this is the strangest stock and the most secretive company I have ever owned. I have been holding shares for almost four years. If this ever goes bust I am one of the people on this board who would lose a LOT of money along with cowboy and LP. This reminds me just how high and perhaps stupid my risk tolerance is. This is a pure gambling play, but I guess I am addicted to the fun side of not knowing. El cabo soon sin dinero or el cabo con dinero secreto escondido
I guess all we can hope for is that our "gut" feelings are correct since we have no real information from the company. This remains the strangest, most secretive company I have ever seen in terms of PR, IR etc. I am reluctant to buy more since I already own a ton at highter prices. If it hits 30 again on big volume (I suspect it will in the next few weeks), I would be tempted to buy more at that point. Very strange, but I have a good feeling that we will be rewarded for our patience (going on four years now). GLTAL. / El cabo.
strange that you should mention my Uncle Al. He is a major shareholder and , yes, he is very concerned about the decline of this stock and thinks there may be a racial undertone. Why else would the stock so prefer red to black. This is the biggest pos/scam stock i have ever had the displeasure to own. Glad that I sold a large part of my holdings at a loss at 3 cents. El cabo
Is there any hope for this now sub penny stock? Anyone here from the PR guy?
Is this a real company or a vehicle for dilution without end or both? El cabo aka el capitan
One day mid morning in the not too distant future we will check the price looking for our old range of 20-30 cents and find instead that it has risen to 58 cents on HUGE volume. Any day, i can feel it in my bones. These are the dreams that sustain us and keep us going and buying this pos and then holding it. Until that day......El cabo sin dinero