Replies to post #137594 on Exxe Group Inc (AXXA)

[Peeteman]

There were a net number of 65 million shares that went from restricted to unrestricted between share updates on February 9th and March 9th. My guess is these shares are being dumped on the market. This stock doesn't have a lot of daily volume. It's taken a full month to dump these shares. If there is no uptick in share price shortly, then it's something else altogether.

[kura]

Why to get surprised? This is happening for many months now. Always in red -days after days.
Whoever is selling at this pps, they should have a lot of shares to sell.
AXXA management seems anticipating this bleeding and they seems okay, otherwise they would do something to stop this, I guess.
When is the last time AXXA issued a PR? I don't even remember anymore. And, when is the last time AXXA pps went up because of PR, I don't even remember now. To be honest, the true loser here are the long term shareholders. I am one of them, unfortunately.
Good luck to all, imho.

axxa