Ed - welcome to the wit and wisdom of "Sir" Auric. If you haven't noticed, he is a very sensitive and foul-tempered man. Even the slightest jest in his direction is usually interpreted as major provocation and inspires a foul response.
He's been predicting that ASTN will die for over a year now. So far, his "short" perspective on the stock has, for the most part, served him well, though if memory serves, he did get burned once early on, and of course, he said he covered at $6, which was a little ahead of the curve (by, say, 85%). Oh well, you can't always get them right. I just wish he would come clean about his NASD licensee status.
We'll see soon enough whether those who buy shares of ASTN at 75 cents do better than those who sell them at that price. Or if the company indeed "flushes down the drain" as AG has predicted on several occasions, or continues to grow eVWAP volumes, and ultimately achieves break-even and profitability, as management has projected for 4Q of this fiscal year in their most recent financial disclosures. Time will tell. Take care.
MST |