I’ve barely got my toe in the water as Axogen has spiked 15% since my note went out this morning, and, well, therein lies one of the biggest reasons that microcaps are so popular amongst the hypesters and scammers — it doesn’t take much to make a microcap stock spike. I’m clearly not interested in spiking this stock for a single day as I am investing in this company for the next 3-5 years at least.
I’m not sure I’d want to chase this thing while it’s up 15% in a single day and would imagine AXGN will pull back some from today’s highs in the trading days ahead. Be careful and diligent as always. I’m on my way back to Ruidoso from a successful check up on Amaris’s ability to swallow and digest today, but wanted to stop off and get this update on Axogen out to you guys.