50% off Premium Yearly
Abaxx TechnologiesABXX.TOWATCHSep 25, 2026Stock price when the opinion was issued
Is a past pick. Has pulled back recently. They're building new commodity exchanges, including LNG futures contracts. A short report damaged the stock price, saying that much of their growing volume is really market making, which is untrue and illegal. The stock will probably consolidate then rise when they show growth again. Their technology side is overlooked; it allows futures contracts to be settled immediately.
Market got really excited, and then really concerned. Short report highlighted volumes boosted by market-making, which is not nefarious at all. Will take time to build a base, before it probably moves up again. Large shareholders are keeping their eyes on the long game.
Watching closely, especially for volume to reaccelerate.