>>>If so they would be stupid to sell at these panic levels.<<<
Right on.
>>>In my opinion, the market is so nervous in general that as soon as someone says I will not make the projections everyone freaks.<<<
No kidding. This market has become fickle and spoiled. Even the institutions are turning over stock in periods of months instead of a year or more like they used to.
>>>If you look at the company, what it does, what it makes and whom it sells to (which has been going on continuously for as long as the company has been a player) then you must ask "What has changed?" One quarter does not mean sh*t.<<<
I think so too. If you are investing, it is extremely short-sighted to look only as far as the current Q. If you're trading, then the long-term health of ASND doesn't matter, period.
Nice level post GF. A few of us still have some semblance of our senses remaining, in the face of this thread's hysterical tone and emotional bloodbath. Funny, how those self-fashioned "gurus" here are so quick to offer quick "advice" to not get emotional, yet to panic or pluck numbers out of your ass for where ASND will fall, or bewail that the end is near for the company -- that IS emotional, and they are just another panicked voice in the masses. Crowd psychology by its very nature, represents the majority of opinion. Listen to this thread. As soon as ASND hits turbulence, people are declaring ASND is screwed. Only one month ago, the tone of this thread was elate and so optimistic, people were declaring 60, 80, even 100 wasn't far away! Flip-flopping like fish on a pier. So many bulls have now become bears...as one by one, more of you get sucked into the crowd mentality. Somebody declares: "ASND will fall 2 points tomorrow!" and when it does, you say: "You nailed it, man! When should I sell and where's it going on Monday?". Fools! The trend for ASND is down -- everyone knows this. Making a wild guess that ASND will fall further is like betting with loaded dice. Your odds are highly slanted betting into the trend.
Watch GF, as soon as ASND bounces these lemmings are going to all of a sudden see a rainbow through all the thunder and lightning. They'll be hooting ASND's return to 50 and beyond! "All is well!" they'll cry out. Like those sports fans who go out at the start of every season wearing the gear of the last team that won the last Super Bowl or World Series, etc. Like mackeral micmicking the movements of the school. Ha!
Style Pts. |