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Non-Tech : Ashton Technology (ASTN) -- Ignore unavailable to you. Want to Upgrade?


To: Steve Gardality who wrote (1709)6/14/1999 10:58:00 AM
From: Dana Johnson  Read Replies (1) | Respond to of 4443
 
I'd like to see it hold 7.5 before re-entering. If it breaks to 7, I'll be watching for support at 6.5 & 6.

edit: just saw 7.25....



To: Steve Gardality who wrote (1709)6/14/1999 11:05:00 AM
From: AJ Berger  Respond to of 4443
 
I'm getting calls all morning

so I'll tell you what I tell them;

1. only buy what you can afford to lose
2. best to buy on a day that opens up
3. don't average down to a larger
position then you can hold comfortably.

lot's of stop loss orders going off here.
most new shorts won't take new positions
in this stock now that it's so back to
where it was before the July 1st date was
set, and the stock went from $5 to $7.
However, this 15-23mil share increase may
effect this line of thinking somewhat.
generally shorts don't work on such low
priced stocks, as the reward of winning
is smaller than the damage of being wrong.