Some of these people, who didn’t get in are trying to scare some to sell into bid, so they get the cheaper price. This is a slight sell-off. But awesome entry!! IMO
The valuation is .40 by Goldman Research Group. Also, saw another analyst rate $AXXA as a soft buy, but I’ll take that and still hold/add here.
And, reminder, if bought in a Margin account (on Margin),
PLEASE do a higher sell order AND “lock” up those shares so shorters can’t borrow them from Market Makers??
Set at least some at .03 for GTC date and higher up to dime or more? At least in blocks too. You decide the amount and the levels, but lock them up!
ALSO: Never sell into the BID!! Try not to stack the ASK with a lot of orders either. If want to sell, do so at ASK if possible. If desperate, sell right under ask, but never bid.... Just my guidelines I use. I may be wrong, but others do it this way too.
Also, if a trader and not a quick flipper, Never sell off super large qty. at once, look at the qty. average in bid/ask and follow those blocks of quantity... Sometimes the average is 25,000-50,000 quantity, depends on penny stock...
Also, Use Limit instead of Market to purchase/sell shares.
I’m not an advanced trader - but seeing sells into bid which are not wise drives me nuts as seeing people do Market buys and crazy quantity sells...
Peace-out
I’ll grab the dips and chips
