It could be a good time to pick some asc up in the next week or two.
We're seeing weakness in the stock for a few reasons
- Nasdaq getting tossed around like a rag doll
- Rumors of Rivkin correct but he didn't recomnmend the stock
- Tax selling in the new fin year
- short term traders selling... lack of patience.
The big driver will the the quarterly report due in about a month... with the market correctly anticipating these results in the past (1 mth prior release) then we should see some support in the price in 1-2 weeks time.
Technically asc looks great (so I'm told) and their online advertising has become cheaper and more abundent.
Cheers,
Munch.
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