AXU

by JDH on November 25, 2006

Recommendation: I wish I knew. My guess is buy half your position now.

You will never see a pretty looking chart than this. Unfortunately I don’t buy “just-listed” stocks, because they have no track record.

A pullback into the $12 range is possible, but given that’s only a small drop from where it is now, if I had to guess I would say buying half a position now probably makes sense. The MACD is high, but not as high as it was in September, so further gains are possible.axu.JPG

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