Eyes on the Go, Inc. (AXCG)

[JabbaJ-UP]

Technical Mistake Traders/Flippers Are Making Here, IMO.

The shares sold to private investors to fund the company through roll-out and push toward profitability, IMHO, are mostly tightly held. I would venture a guess that anywhere from 10-20% of those shares have been sold to cover cost of purchase. The remaining 80-90% of those shares are more-than-likely being held within an iron grasp.

Where the mistake comes in is the projection by traders/flippers as to how many shares are actively floating. I believe that the traders have grossly overestimated the total number of shares in the actively traded float.

The fact that both major run-ups were stopped by massive shorting (mostly by MM's) would account for the large volume on those days surrounding the run-ups. Some selling by private investors took place, but I'd bet it was a slim fraction of overall selling.

Ask yourself this. If someone has $30,000-$100,000 to purchase shares directly from the company, do you think those deep pockets have done their DD? I think they have. I think they know exactly what they are buying and they are most probably New York investors who have seen Eyes on the Go in action in the flesh and in many of the venues which Gander.TV is broadcasting live streams from.

The movement of AXCG seems to validates my assertion. Shorting is becoming a game of Russian Roulette. The next run-up may just cost some people hundreds of thousands of dollars.

AXCG!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!