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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)

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To: Rocket Red who wrote (4962)5/1/1998 12:20:00 PM
From: Famularo  Read Replies (1) of 7966
 
If you folks believe the Ashton stock is fundamentally worth under $3.00, I then tend to believe that you should not be in this play. If you think it will technically come down today under $3.00, I disagree with you. Why? Pro Traders have access to buy orders much quicker then you think and technically they are having a field day picking up the stock today. They know there is nothing fundamentally wrong with Ashton and enjoy watching folks shake out. That is how they make their money. In my opnion, the stock will close on an uptick today and start moving nback up next week. More buy recommendations to come out. Way to cheap. I bought more Ashton yesterday and picked more today by selling Royal Bank stock. Now here is a gamble I am willing to take. Time will tell.

Regards
Frank
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