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To: Tech Master who wrote (9470)11/6/1997 1:24:00 PM
From: Trader X  Read Replies (3) | Respond to of 17305
 
I don't think it helps that ASND is projecting single digit revenue growth over the coming 2-3 quarters. I suspect they're doing that now to "get the bad news out", that way investors can start to focus on earnings 12 months out, and the price can bottom out here near 25-26.

I see this as a good time to accumulate it, but realize it's in a downtrend, and buying here is bottom picking...which can backfire.

©LastChanceForGas