posted
This went up 100% on Friday and another 75% today...This was a reverse split and group play last month. I know it's connected with NEXH.
Does anyone know why the interest and increased volume over the last two trading days. I can't find any significant DD after the reverse split.
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Current Capital Change: shs decreased by 1 for 500 split Ex-Date: Record Date: Pay Date: 2005-02-01
Dividends:
Company Notes: Formerly=Canton Industrial Corp. (THE) until 6-96 Formerly=CyberAmerica Corp. until 12-00 Note=6-30-04 company is in the development stage with no employees and intends to acquire a business or an interest in an operating company
Class Notes: New Issue=5-86 1,375,000 shs in units (1 sh Com & 1 Warr 5-8-87) at $2 per unit (best efforts-750,000 units min.) by the company Capital Change=shs decreased by 1 for 10 split. Ex-date=10/31/1997. Rec date=10/31/1997. Pay date=10/31/1997. Capital Change=shs decreased by 1 for 30 split. Effective date=5-19-03 Capital Change=shs decreased by 1 for 1000 split. Pay date=10-18-04
Transfer Agent: Signature Stock Transfer, Inc., Plano, TX 75093
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posted
Yes...It was a group pick several weeks ago ...then had a reverse split within a couple weeks of the play......I'm wondering why the activity...what's the deal with this?
It was at .02 at open Friday morning..prior to Friday it had been sitting around .02 with nothing significant in volume then activity picked up closing at .04 Friday afternoon....
It went from .04 to a high of .08 today...closing at .07...The volume increased today. It is somehow connected with NEXH and CR Crane but I can't find any reason for this move by AXAIE...
I am wondering if after the reverse split this puppy is moving up looking for the true value of it's PPS and financials are ready to come out...The "E" in the stock symbol denotes the financials are overdue....Yes? Does anyone have any information?
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quote:Originally posted by Jonus: I got stuck in the reverse split. Now I am even if this gets some attention it might just explode. going on definate RADAR.
Burn me once shame on you, burn me twice shame on me jmho lol
-------------------- Someday you must travel down the road you leave behind.
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posted
Now I know what happened. They took the "E" off the symbol this morning which means they filed their financials...That must be the reason for the movement the last two days...Now AXAI...
posted
AXAI is so thin if it gets any attention at all its going to spike will watch it close would like to get out with some dollar bills.
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posted
This one has continued to drop, but the volume is so low that any positive news , and a resulting increase in buying, would send this up fast. At this point I will just continue to hold my shares...on paper I have taken a pretty big hit, but such low volume makes me more at ease--it seems to be going down, not because of bad news, but simply because of no news. Throw in a reverse split and a change in the symbol and it makes sense that there would be a lack of interest.
posted
Well, I haven't been "pumping" this (mainly because I simply do not have that much clout nor do I think it is a fantastic pick, yet) but I have warned that this thing could get some serious movement with any serious buying...The price is very low right now but and the volume has been a trickle.
posted
This was a reverse split last month...not sure how it all fell out for o/s...Have to do your DD... It's regrouping at .0025...a lot of folks chased it...get ready for a ride...no sellers is GREAT
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posted
I am just afraid that any run will not be sustained without some good news. Especially because people tend to get the heebie-jeebies over a RS. But this thing was running damn near .05 last week and that was post-RS.
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