Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: TradeOfTheDay who wrote (34577)	5/4/1999 5:19:00 PM
From: BOOYEAH	Read Replies (1) \| Respond to of 122087

I wake up and smell the coffee every morning. Those who receive margin calls and have to sell ASTN as a result, will sell. Some people will take profits even though they have no margin calls. The selling has been absorbed to date and I can't image that there will be millions of ASTN shares old because all of ASTN holders have internet stocks. I don't even consider this an internet stock. It is a financial stock that uses the internet. LLBEAN is not an internet stock, nor is my local gas company. It might be a stretch to think that this will follow the internet sector. Those people will have three day to sell the kids for medical experiments and keep the ASTN and cover their margin. Maybe it will all work out. The margin coverers will have no long term affect on the price, and they won't start a chain reaction to the downside. This stock will be volatile. If I was a skilled daytrader, I would be all over this one, short and long. I'm not so I stay long. Much more comfortable than if I was short with all that could happen.