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


To: GBT who wrote (161)4/17/1999 9:18:00 PM
From: Richard Eknoian Jr.  Read Replies (2) | Respond to of 4443
 
Yes I did warn you to fasten your seat belts on Friday and if you beleive it wasn't dumb luck then listen up. Monday is ripe for profit taking, however the MM won't let this stock go below $6.25 because the Company would like to call the warrants before we get too close to the July 1 operations date and all the announcements about customer signings that will closely preceed or follow that start up. The warrants are callable when the stock trades above $6.25 for 20 consecutive days. Why do the MM or the Company care? Trust me they do. So here is the Monday prediction. We open higher @ about $8. Profit taking drives stock way down to about $6.50. MM's hold it right there. Everyone regains confidence...and we blow right past $10 next week and we will never see single digit price again. Hey if I'm wrong I'm still batting .500. Good Luck.