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Technology Stocks : Aspect Telecommunications (ASPT) -- Ignore unavailable to you. Want to Upgrade?


To: Herschel Rubin who wrote (570)11/19/1998 2:43:00 AM
From: corporal spewchunks  Respond to of 2018
 
Can't argue with that Herschel.
But at this point, I am treating any sudden drop as another buying opportunity. Don't know if you follow CLFY but that stock did over a million shares today. That's unusual volume for the stock. When it got to 19 3/4, the prices suddenly fell about a point on about 25,000 shares. Then traded up to 19 1/2. Volatility always increases around options expiration. I think the company is probably still buying so may mean no sudden price drop. It will be very interesting to see if anything happens on the upside. These guys owe us big time! Maybe if there's shorting into a rally someone will step up and take the other side. The stock is still way below what it should be. Art Cashin, my new guru of timing, says that this expiration he sees orders leaning to the buy side. Would be nice to see a short squeeze develop in ASPT. If we don't get it now, wait till next week. Or maybe the last hour on Friday. I think that the important thing to focus on is undervaluation. Maybe some institution will wake up in time.