Alexco Resource Corp (AXU)

[timberwolf7]

the decision:

sold AXU at $2.58 last week... my goal with this one was to see if it could reach for $5... that would be about a 80% return on my latest buy.

But I have two others that are on the verge of applying for or getting an FDA decision on their drug developments.

CRMD has an FDA decision date on Feb 28th. ATNM is in the middle of a PH 3 that by some indications, there is a potential for them to ask for an early halt and move towards approval for reasons.

And IF these 2 do what I see them doing, both of them can be expected to run, with a minimum of a 200% return. And in the meantime, on ATNM, getting really nice prices selling their covered calls at strike prices up to $5 above the current price.

So given this, I may not buy AXU back now cause the 'grass MIGHT be' greener elsewhere IF an unexpected surprise does not occur.