Axis Energy Corp (AXGC)

[Pig-man]

I think the market maker has run out of people that want to sell below a buck... He just doesn't get many sell orders down here, on the other hand I don't see alot of buy orders either...

With a 25% spread between the ask and bid, I can understand why no one wants to buy it or sell it.. Close the spead and it may get active...

Just my opinion, but I just don't feel any selling pressure...
It's easier to get sell orders because every share outstanding is already been bought, To get new buyer is the trick here, any kind of news can cause that... But I don't see a news release for AXIS going back years... I don't even know why people assume they have ties to Libya or the NOC... There has never been a formal news release connecting them..

As far as I can tell, the NOC doesn't know AXIS even exist..

So, who cares what happens in Libya.. They have no connection to AXGC.