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.
ASC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held