AXYX and the Weekend

AXYX is in my opinion under small accumulation. Every day this week it has taken a slow move upwards. The stock has recieved support at the higher teens and every day right before the close there is a small burst of buying. Right now as I watch it is hovering around the $1.18 $1.19 range. Since I am leaving for Chicago early this afternoon I decided to put a Limit order in at $1.19 for all of my 7,000 shares. What this means if you recall is that I am Asking for 7,000 shares to be sold at $1.19. So if the Ask reaches $1.19 the way I will get out is by people buying shares and the MMs giving them mine. For me to just click "sell" and sell my shares at $1.19 would mean the Bid price would have to be $1.19. Furthermore, with 7,000 shares it would be difficult to drop unless the stock is under a run. I made the order "GTC + Ext" which means the order is good till the close today and for the after hours. This allows my shares to actually be purchased in the after hours. I am guessing I will get part of my order if not all of it filled by the end of the day. If not, then my order expires and I then am still holding whatever shares I have left.

I will be coming back Monday late morning early afternoon. Upon my arrival I am hopefully going to come back to either my position sold or part of my position sold and a favorable price Monday to get out of the rest. The CFO presentation was Wednesday and by Monday any of the accumulation from the actual presentation would be in my opinion done. I am going to spend the rest of Monday afternoon and night just researching and rummaging around for the next play. Check for a post then otherwise have a great weekend and Happy Mother's Day to all of those Moms out there.