SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mst2000 who wrote (4331)12/19/2001 12:45:19 PM
From: mmmary   of 4443
 
Dead cat bounce

there is no reason for the share price to be up. The PR was fluff, just Fred trying to hype the price up to get out. Remember, he said his family bought lots of shares. They need to get out before it goes under if htey did indeed buy shares. So Fred helps them out with some timed PR to try to sucker newbies. People already in astn know that they are paying for the revenue. If they have $1.2M revenue from vwap, they are paying at least $1.1M for the revenue.

They are not profitable, they are running out of money, they let people go, they closed some offices, they are liable for $2M because of SEC regulation violation, they are using toxic funds, they are hooked up with director Mark Valentine of Southridge imfamy, their stock promoters were both sued for fraud by the SEC and lost.... There is nothing good here. There are also other ATS which are better and cheaper. Game over. Time will tell.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News