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Re: bigarena post# 1583

Tuesday, 12/05/2017 9:40:45 PM

Tuesday, December 05, 2017 9:40:45 PM

Post# of 3176
Doesn't look like retail selling today, more like someone with inside access to a broker dealer with 100,000-125,000 shares to dump. I don't take it as a very good sign although it seems to me that there really aren't many in ASNB anymore, certainly not here at ihub. I held it for years, traded it pretty well and made lots of money with it. I sold what I had left in August after another disappointing quarter. I was hoping for a good report in November and was ready to jump back in if it was good but it wasn't.

My assumption is that what drove their improved results in 2015 was sales to Access Scientific. But even though Access Scientific has some new distribution deals and some new products I don't think their products are finding traction in the marketplace. ASNB in my opinion sold them much more Chronoflex C than they needed in 2015 in anticipation of future sales by Access Scientific which haven't happened. Plastic doesn't spoil and in my opinion Access Scientific has a warehouse full of the stuff. I'd jump back in if it got cheap enough but I'm in no hurry.

My posts are my opinion. Do not be influenced by anything you read on any message board website unless you can confirm it.