Ashton Technology (ASTN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Ashton Technology (ASTN)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mst2000 who wrote (2601)	9/14/1999 8:00:00 PM
From: TENNET	Read Replies (1) of 4443

MST2000, Could you respond to the following post taken from clearstation? Thank you in advance, T To : pam211 Sep 14 1999 1:12PM From : JTR Re : Pam211 I've been watching this morning and it looks like it might reverse trend today. I have a farfetched theory about why the price declined. If Rose Glen received a large amount in convertible ASTN stock in its recent financing deal and wished to hedge its position against a price decline, they might have done it by shorting the common (since there is no option market in ASTN stock). If they did sell short the stock, then it would have moved the price down. I'm hoping to stay long because at some point they will decide to un-hedge their position by buying back the shares they sold short, which will move the price back up. This is total speculation on my part. Maybe someone could tell me if I'm off here. For now, I'm staying long. J This is a reply to post 297

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next