Hi Stockrush,
The real estate sector in the US has been down some lately. I am in and follow several real estate stocks and they are all acting fairly similar at the present. They are rebounding somewhat in the last couple of days, slightly but going up as a whole instead of going down.
The Fed just met recently and did not raise the interest rates. This sector is extremely interest rate sensitive. The fact that interest rates did not rise should give hope to our real estate stocks as shown recently.
Imo, if AZRI could secure the financing from NEXUS Capital, this stock will fly. The patient investor will be rewarded.
OT: Hereford Germany is my home town's "sister city." I am not German myself but my wife's ancestory is totally and completely of German descent. Now my kids are too. If you can't beat them, may as well join them. :0)
Good luck and hang on to the AZRI shares, going to do well and this is a beautiful time to get them at very low prices. Peace be with you.