This message is worth reading and has serious information.
There is a lot of nonsense being spread around here and a lot of garbage coming over from the Yahoo message boards. Some say ASTN is a scam, that they are paying for the volume on the eVWAP system. It's not a scam. They are paying for volume. Let me tell you about it. I have experience with electronic matching systems. It does not sound like a scam to me.
Actually it sounds like a STARTUP to me. You know, like having a SALE on opening day. I have personal experience using an institutional electronic matching system, and when *that* company started, THEY PAID US, for every trade we did, and they paid us for supplying liquidity. *That* system is now NUMBER 1 in it's category, transacting 40% of the volume in the largest market in the world. THAT'S a FACT. *That* system started business in 1992, 10 years ago, and don't ask me what it is, I'm not going to tell you.
If ASTN operates on the same plan as *that* did, they could easily grab a huge chunk of the market OVER TIME. It will cost them upfront, but once dealers get used to using a system, THEY DONT CARE WHAT IT COSTS TO DO THE BUSINESS. At that point ASTN will start charging and stop paying. This will take a couple of years. *That* is how it works. ASTN is already in it for the first year, the toughest one, and volume is GROWING. The BUSINESS and PRODUCT is sound. The financing deal they have to stay in business IS NOT. All this selling is due to the toxic funding. It will NOT put them out of business. It will, however, dilute your holdings. But in the end, even if there are 100 million shares outstanding, if ASTN generates EARNINGS, and captures the intended market share they are after, it will still be a double digit stock. The only question in my mind is DO DEALERS LIKE USING THIS SYSTEM? THATS IT. Why don't you guys go find out? I think they do. And I am a dealer. End of story. |
