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Ascential Software Corp. (ASCL) Message Board

  • InvestmentGuru2001 InvestmentGuru2001 Feb 25, 2002 3:21 PM Flag

    1/4 normal trading volume

    Dying, dying, dying, DEAD!

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    • Having a day of lower than average volume doesn't mean DEAD. (It might mean the buy back program took the day off, but that's about it!)

      Although ASCL is down from Friday, you should viw that in the full context. Remember, ASCL it shot up at the close on Friday. Otherwise, Friday was a yawner. If not for that spike, ASCL would probably be flat or up slightly today from Friday's action.

      It seems to me there's low interest in buying and selling this stock. Without news, I don't see any reasonfor this to change either up or down. A flatline at $4 doesn't mean death in the case of the stock. It means investors are idling in wait of further developments. In the meantime, the movers and shakers have chosen greener pastures as their playground.

      IMHO

 

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