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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA) -- Ignore unavailable to you. Want to Upgrade?


To: Famularo who wrote (6172)9/8/1998 9:33:00 PM
From: ddl  Read Replies (2) | Respond to of 7966
 
Good move today on small volume.... what did the market depth look like Frank?
Argyle? What about the Merlin project? Is that not a go with Ashton?



To: Famularo who wrote (6172)9/8/1998 10:43:00 PM
From: Famularo  Respond to of 7966
 
Just a note to clarify my post re shorts. Ashton maintains a very small short position, approx. 112,000 shares. Someone made me realize that many people may not know that recent low liquidity shares like Ashton are usually not shorted in high numbers. Big blue chippers get shorted and covered more often. Ashton may have only a few brokers who have a short position on Ashton. My point is that not only shorts covering Ashton will move the stock up.... I noticed a few of us have mentioned shorts covering but that alone will not ignite the stock. Fundamentals and technical rallies will. regards Frank