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Wednesday, February 23, 2011

AXPW.ob

Nice jump in AXPW.ob today. I can not find any particular news worthy articles (in english) that would have cause today's jump. There was an article by John Petersen today, but he has writen about it before but Axion's stock movement has been pretty immune to his write ups, rarely reacting despite the positive sentiment.

The move could be a combination of factors, a perfect storm if you will. With Libya causing oil to rise, market players are probably looking to alternative energy names, especially ones that will facilitate fuel-efficiency. Hopefully the players are realizing what some of us already know.

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