MST, as always thanks for the comments. Actually, I was turned onto Ashton by J. Westergaard, and I am forever grateful to him for his insights on the company as well as yours.
I do believe that if one takes in as much information as possible, factual and anecdotal, one will invest through "inferential analysis", which is what Westergaard espouses. TA is ok to a point: my belief is that this is the way Wall St. tends to operate, so following TA in the very short run, say 15 minutes-15 days, and TA can be successful. Over the long haul, one must stay in front of the herd and use common sense as a guide. Ashton falls into the category of being out-front, with a sea-change occurring in the way financial transactions are undertaken on a global scale. On a long-term basis, there is a much higher probability of Ashton succeeding rather than failing.
In the short term, Ashton will need to make money and we are clearly on the verge of having VTS "turned on" and turned into a revenue generating machine. (Perhaps the nice run-up in price we are getting today is prelude to the announcement we are anxiously awaiting.)
The shorts on this board have helped me keep a balanced perspective and I am grateful for that. I am also grateful for their short-covering as this will once again elevate ASTN's price to its appropriate value.
Good trading everyone. |
