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Non-Tech : Ashton Technology (ASTN)
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To: AJ Berger who wrote (277)4/22/1999 9:57:00 PM
From: LTK007   of 4443
 
Regards the action on Wednesday,I don't know-but for today,I do believe it is very likely it was shorts covering,which basically is showing they are capitulating,like you say all these daytrading shorts go by is they see a stock up like ASTN,then look at the EPS,and they think they have a play,and remain otherwise clueless about the company.
NITE has proven to be a shorters graveyard for quite sometime,and I hope it shall overtime work that way for ASTN.Max
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