At best it would be difficult, at worst, impossible. Price targets, depending upon who one consults with are arbitrary in cases like this due to a lack of earnings, cost basis, and numerous other inclusions that affect the share price and net asset valuations. You will find many investors (and promoters) don rose colored glasses when stating investment earnings possibilities. Of course there are many cliches about such things (don't count your chickens before they hatch springs to mind) but it is a far better thing to be realistic rather than hopeful. When teaching technical analysis decades ago, one of my favorite expressions when asked such questions was always this - HOPE does not trade on the markets. At that time I would have students type HOPE into a chart analysis format and tell me what the current trend was and give them half an hour to get ready to explain their analysis. The bottom line, at that time, was HOPE does not trade on the markets. Hope itself is a very dangerous thing because it imposes upon the investor the idea they cannot possibly be wrong therefore they do such things as ignoring stop losses, averaging down in a downtrend (I referred to that as making love to maintain chastity), and ignoring all of the indicators that tell them they are in a losing trade. With AXIM sentiment is the leading indicator of price performance and potential rewards, again a very dangerous way of looking at the performance of the stock. What you, and many others are really asking is this - Can someone tell me please that I am correct and this stock will be worth a gazillion dollars because I may have over invested based on sentiment. The key element is volume-volume validates price, not the other way around. It is far too soon to even ask that question as regards AXIM.
