Daniel,
Stocks move on information that is not available to the public, a simple but true statement!
However, in the case of ASND, the public knows almost as much as Mory. Due to the consolidation of the industry, Ascends board and officers must consider bids for the company's stock. I don't think the deal is done. It's a crap shoot for the small investor and the big boys. At this point, the stock's movement is 100% due to rumor, speculation, fear, and greed.
I sold ASND because I feared losing my profit, now I want to buy because I don't won't to miss out on a huge rally, as soon as I buy and make a few points I'll sell due to fear of losing my profit. It's a damn crap shoot!!
It's a great company, take a chance and buy it.
- Sure Thing - |
