Plenty of buyers left here up to $20
shorts were right only because of the dilution, not the ASTN story. I should have known better than holding once I learned of dilution, but we were so close to the system launch I figured on holding.
ITG is also down with ASTN on the assumption that as interest rates are brought under pressure, market trading volume, the lifeblood of alternate trading systems, may have growth rate limitations for now.
It's not a matter of who is right and who is wrong, but WHEN they were right and wrong. Clearly you and Auric were wrong from $10 to $16, and only now right on this pullback. So let's call it even.
ASTN Newbies may think this was a P&D, and I would not blame them, however, I and many others came into this stock much earlier once they got approval to do their trading system. As long as that event has not occurred, or been significantly comprimised, new buyers will be here. |