Yes I have had it since it's high of 93.00. But I bought Asei in 1993 at a price of 4.16 a share. So while I don't like what is happening I can roll with the punches. Obviously, I should have gotten out much earlier but who among us hasn't made this mistake. I like your thoughts and hope you are right.
If you are surprised at 23.80 then you will be estastic when it drops to the 18-19 dollar range.
That institutions own 87% of Asei means individual investors can control this stock and they have several times over the years. I even reported instances like this to the sec about the manutilation on Asei. They jump in and out and at times control the stock price of Asei.
You are only fooling yourself. Don't throw good money after bad. I bought Asei in 1993, yes 1993, on the advice of my broker so I am ahead price wise but have lost quite a bit of money on paper. And after the next dividend we are going to lose that as well. Do all the math you want but from here on Asei is a loser.
Acquisition my #$%$-if anything Asei will be taken over.
8% really and how long do you really think that will last. This is the still Madoffs type people love.
Try On this one: Asei supposed to have earnings of 18 cents instead has losses of 5 cents s share. Duh: see my point. Ceo change was January another tell tale sign. Enjoy the dividend as that is the last one you will see from Asei. Bankruptcy within 18 months my prediction.
Doesn't do us shareholders one bit of good when the company is tanking like it has for several months now.
All the bomb technology in the world doesn't help when the company is run by misfits.
Then we can watch the dividend go bye bye. No way they will continue to pay a 2.00 dividend. And I doubt if it will be cut it will just be eliminated. Asei is in deep trouble much more we will ever know. Poor management killed this once very good company that at one time was ripe for a takeover.
That is why nobody is investing. If there ever was a dead stock Asei is it. Afraid the dividend might be the next to go and if it does look out below. We would be talking single numbers.
Funny I was just thinking the same thing. I thought there was something wrong with either my computer or the message board.
Says who certainly not you. I have had this stock since 1993 certainly much longer than you ( if you own any at all) so go do your blabbering on another board.
Good call. In case you don't know it you are losing money not only on the price of the stock but also the commission.
Sure lad you ain't my broker.
How are your other stocks doing - loser?
I'd say you just lost a lot of money in less tha a month.
Better find another " hottest pick".
Onward and upward.