Monday, July 16, 2007

AXR

This morning AXR is attracting attention. Can't find any reason why at this time. The trading has the stock above the trend line. The volume is still light so there is still a measure of risk here.

I am considering adding a small position here in the event this is the short squeeze. If I take a position to go long it will be a small position only. Risk is high with AXR.

New info: Found the PR Newswire is reporting that Amrep (AXR) is reporting their best year ever in it's history. Story here

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