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: AJ Berger who wrote (447)5/2/1999 12:40:00 AM
From: wily  Read Replies (1) of 4443
 
>>Many events are converging this year that will
cause the kind of volitility and equity migration
that a system like ASTN's was born to address;<<

Suppose this is true (although we've had plenty of equity migration east-to-west since the Asian crisis in the last year and a half). It is still perception that moves stocks, and I doubt that this is something people are going to consider in evaluating this stock.

OTOH, all ships don't necessarily go out with the tide. Maybe ASTN will continue on to 20. Maybe it will form a base above $9.50 -- $10.00. I just feel pretty certain that if it moves away from me now I'll have another chance later at around these prices. Plus, if the market takes everything down, there will be bargains galore for those that were flat or short.

OTOH, if you really like a stock for the long-term, it's probably best to keep a core position and not play around since you never know for sure what will happen.

wily

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