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SCHEDULE 13G
NAMES OF REPORTING PERSONS
Jameson Drive LLC
http://realtimefilings.nasdaq.com/ShowFilingDoAction.asp?FileName=0000910643%2D02%2D000036%2Etxt&...
Sara
Thank you.
Ms. Shirley
Hi Shirley,
The iBox has links to the company website and a good article about VWAP. You can start there and then check out news (not current in iBox), SEC filings, etc. If your broker recommended it to you, I'd go back to him/her and ask why he/she thinks it's a great opportunity. Would love to hear the answer.
Good luck.
Sara : )
Sara
Anyone know what this stock is about.
My broker recommended this to me, great opportunity, but do not understand what the company is about.
Ms. Shirley
Not sure Sara. You need to find out who RDC is first. Then go from there. Sounds to me like they already had shares and that filing was so they could sell. Now it's been withdrawn so they won't be able to sell. Why not email the company or call them. Either that or look at the SEC Filing that corresponds with this and see if it contains additional information. Since a filing has already been made public, the company should be able to respond to your questions regarding it with no fear of violating Reg FD, so if the SEC filing doesn't satisfy all of your questions, call or email them and ask away!
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Any ideas what this means? On the surface it seems like it could be a good thing... but somehow it doesn't seem right.
Sara
ASTN Withdraws Registration of 16.7 Million Shares
TUESDAY , JANUARY 29, 2002 09:19 AM
The Ashton Technology Group, Inc. (OTCBB:ASTN) filed an RW yesterday after the market closed.
The Company is requesting the withdrawal of its S-3 registration, filed August 20, 2001. This registration statement covered the resale by RGC International Investors, LDC of up to 16,727,508 shares of the Company's common stock.
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That's just the kind of thing I was looking for, thanks!
Sara : )
Maybe we could work together on such a project?
Sounds good to me! I'll help in anyway I can if nothing else, I can ask the novice questions.
Sara : )
Classic Chart Patterns
Cup and Handle
http://chartpattern.com/cup_handle.html
Flat Base
http://chartpattern.com/flat_base.html
Ascending Triangle
http://chartpattern.com/ascending_triangle.html
Parabolic Curve
http://chartpattern.com/parabolic_curve.html
Wedges Formation
http://chartpattern.com/wedges.html
Channel Pattern
http://chartpattern.com/channels.html
Symmetrical Triangle
http://chartpattern.com/symmetrical.html
Descending Triangle
http://chartpattern.com/descending_triangle.html
Flags and Pennants
http://chartpattern.com/flags_pennants.html
Head and Shoulders
http://chartpattern.com/head_sholuders.html
Inverted Head and Shoulders
http://chartpattern.com/inverted_hs.html
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I have been thinking about starting a board to teach several of the aspects of charting or TA as some call it. While I don't rely solely on TA it is a useful tool. Maybe we could work together on such a project?
The Bird of Prey
This concludes todays lesson in spotting chart patterns!
Thanks for your time and effort writing that up! I think I need to start a note book of all these things to help me put it altogether.
Maybe I could start a board on the same line as Arch's Scrapples except have each post be an example of patterns.
Sara : )
Sure!
A H&S pattern is where you have a peak (head) with a smaller peak preceding (shoulder) and following (shoulder) that peak. The longer it takes for the pattern to form the stronger the signal. there can be multiple shoulders on either side but only one head.
Since the ASTN chart is looking like forming one I'll use it as an example
The first shoulder is formed just before the 21st of December,
the head is the peak of .40. If ASTN doesn't break through .29 and then break above .40 the second shoulder will have formed.
If ASTN completes the H&S pattern it is likely to return to it's recent lows.
BTW, the upside down H&S is a very positive signal, much like a double bottom.
One other note, the run to .40 was predicted by the cup and handle formation that formed in November and December.
The Cup begins around November 4 and completes around December 17. The peak at each end of the cup is in the mid .20's. The handle is formed through the end of December as the stock trades between .20 and .25. By adding the "depth of the cup" (peak value minus lowest value) to the highest point of the cup the price of .40 could have been predicted any time prior to the 5th of January.
This concludes todays lesson in spotting chart patterns!
The Bird of Prey
Thanks!
Sara : )
As a general rule, RSI below 30 means the issue is oversold, RSI above 70 means the issue is overbought. Now you can get into charting trend lines with RSI and it can show underlying strength, but an up trending RSI is not a definitive buy signal. It would be more of a hold signal if you were already a shareholder. When an issue is oversold, you buy on the weakness looking for a bounce. When an issue is overbought, you short on the strength, looking for a retracement. RSI is not an indicator you use by itself though. Look at MACD to see if the trend is positive or negative and use RSI to generate buy/sell/short signals. Buy long when RSI is below 30 and MACD is trending up. Sell and/or short when RSI is over 70 and MACD is trending down. Remember, these are general rules and each issue is slightly different. Look into the past to see the future.
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"H&S" are notoriously bearish.
I'll definintely hold off since you and Josh pretty much agree. Could you further explain how to see the H&S formation? tia
Sara
Thanks for your thoughts here. One question though, why a RSI below 30? I thought the higher the better?
Sara : )
My vote is wait and see, the next few days will be very telling. Josh is correct that a close above .29 would be positive, but unless it breaks above .40 as well it will have formed a "head and shoulders" pattern. "H&S" are notoriously bearish. Of course, if it can't even break back above .29 the H&S is already formed.
The Bird of Prey
You want it to close above (.29) before you enter a position. There is a pretty good chance that it will test (.40) if it closes above (.29), although nothing is certain. I wouldn't buy on a single indicator, which is why I like to use support/resistance to plan enrty/exit points. I use the indicators(Specifically MACD and RSI) to ascertain the trend only. I have on occasion bought on MACD crosses coupled with positive A/D trend, but I find resistance breakouts coupled with a positve MACD trend or support tests with RSI below 30 more reliable. Each stock trades a little differently though so it's good to study it's past tendancies carefully.
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Been watching and it still hasn't closed past that .29 mark. But looking at the chart, it looks as if the stoch might be turning... then again volume is below average. Good point to enter or wait and see?
Sara : )
ASTN is trading up significantly off the intraday low of (.17). It will be interesting to see where the close is today. Above (.29) is positive. Below or at (.29) is negative.
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As far as I can tell, she only talks about 2 stocks which leads me to believe that her true purpose has nothing to do with helping anybody but herself.
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I thought you said that penny stocks couldn't be charted. Now you say to check ASTN's chart? So which is it? You can't have it both ways although you often try to.
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The price already went up from (.08) to (.41). I personally would like to see it retest (.08). Might provide another opportunity to trade. I am making money here.
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... your continued presence here is no longer desired by the community at large. You remain only because the admin fails to do what he needs to do. You have violated the rules far more often than any other user still active at IH. You continue to violate the rules within a day or two of being released from your most recent punishment for breaking the rules. Every post you make undermines the integrity of the admin here at IH. Every post you make adds a new user to the growing list of folks thats have either left IH or are seriously reducing their participation in the forums. There are some that talk openly of leaving IH if admin does not rectify this situation in a timely fashion. In reality, admins support of you is already costing them financially and continued support will only make things worse. But what do you care, you've called IH a scam too.
I can't agree with you more BoP. I am one foot out the door because admin continues to allow this person to post personal attacks. Here's two examples:
I should just ignore the personal remarks but then people like sara go and post all my information over and over, stalk me to every board that I go posting it all, calling me on the phone to shout obscenities at me, emailing the ceo of all the companies where I post begging them to sue me, forwarding all my posts... This is when I was polite even. I asked her to stop and she did it more. I held out the olive leaf and she rejected it. If someone does this to me, the only thing that will stop them is the same behavior. notice she hasn't posted my real name, home address and phone number recently though she still emails people. BTW the guy who runs johndoes.org says hello, sara.
http://www.investorshub.com/boards/read_msg.asp?message_id=245442
sara said npct looked good long termthen she sells short term. Isn't that a tad hypocritical? It makes it seem that you believe it's just a pump and dump. At least we agree on that.
http://www.investorshub.com/boards/read_msg.asp?message_id=251822
lots of people on yahoo and RB
are stating the same thing i.e. "looks like they are closing their doors." They are even stating this is vulgar abrasive language...and everyone agrees with them and applauds them. Why do you have a problem with my opinion? You don't like it, PLEASE, don't read my posts. They're not meant for you anyway. They're meant for investors who don't want to lose it all on astn.
Why would I want to repeat the PR word for word? Why would I not want to give my opinion about it? That is what this board is about. If you can post your opinion of me which is a definite personal attack then I can post my opinion about a public company. So far my opinion correlates with what actually happens. Everyone knows these PR's are meant to make things seem better than they really are. Do you really think the CEO would be honest for once and state "we're starting to close our doors, stock should be worth .003 soon, we can't find any new money, we can't even access the rest of our toxic funds, no one is using the system unless we pay them..." I need to state a more realistic opinion of what will probably happen with this company. The press release sure doesn't.
If you don't like my posts, don't read them. I don't read your posts on companies I don't own or follow. Why do you come here and torture yourself?
___________________________
Just say NO to stock fraud!
I posted the actual document
and then my opinion. I posted the words straight from the company then my own words. What is your problem with this? It's not like I didn't post the document then I stated something which was absolutely not true. I believe they are closing the doors. Obviously they can't get any more toxic funds to pay their bills so that's it.
___________________________
Just say NO to stock fraud!
I see
so, as long as it is couched in "opinion" you can say whatever you please about whomever you please, whenever you please. Regardless of any factual basis for the statement.
Yet, when someone says whatever they please, about whomever they please, whenever they please, regardless of factual basis...you vilify them as hypsters and con artists or whatever insult you deem fit to heap upon them. Especially if they have chosen to comment on you.
This is a clear double standard and some might even call it "elitist".
Also, have you ever heard that "two wrongs don't make a right"?
On the one hand you want to be free to make statements that are clearly unsupportable and not get called on the carpet for doing so. On the other you want to eliminate freedom of speech for anyone you claim is guilty of the same thing.
Herein lies the lynchpin of your problems with other posters. You insist on respect and refuse to give it.
BTW, so you missed Enron. But what about K-mart. It's been in trouble for years, has all the hallmarks you scream at everyone about. Yet, no mention of it's imminent doom from you. What is the deal? Waiting until they actually declare before jumping on the basher bandwagon?
I am laughing at your "superior intellect" - James T. Kirk
The Bird of Prey
it's my opinion, bop
I don't need proof. This isn't a court of law.
scam companies have been known to short their own stock on bad news. As astn is always up before bad news with hypesters all over it, I believe they are doing the same thing.
___________________________
Just say NO to stock fraud!
>>I believe the insiders release misleading rumors to hype it up so they can short it down on the bad news.
that is a pretty serious charge. criminal activity.
got proof?
The Bird of Prey
Cutting employees hours, COO, President... leaving
losing lawsuit and getting a judgement. This is the beginning of the end. They will close their doors. I think they are really desperate as they always wait til Friday one minute after close of market to release bad news. They couldn't even wait til friday this time.
Also note they are always up before bad news. I believe the insiders release misleading rumors to hype it up so they can short it down on the bad news. Tomorrow price will of course go down. Check astn's charts.
___________________________
Just say NO to stock fraud!
Just in case
I've bookmarked the last two posts for the next time you're whining about someone rubbing your nose in the dirt.
ever heard of KARMA
or what goes around comes around?
BTW, Although one could surmise your assertions concering availablity of funds and continued operation. The 8k does not directly address the assertions you raised. Granted it isn't good news. But not closing the doors and turning out the lights.
have a good evening.
The Bird of Prey
always up before bad news
like clockwork. what say you now xxrayeyes? still think price will go up? tomorrow morning will be interesting.
___________________________
Just say NO to stock fraud!
8K: ASTN out of money, shutting down
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): January 7, 2002
The Ashton Technology Group, Inc.
(Exact name of registrant as specified in its charter)
Delaware 001-11747 22-6650372
(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation) Identification No.)
1835 Market Street, Suite 420, Philadelphia, PA 19103
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (215) 789-3300
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
--------------------------------------------------------------------------------
Item 5. Other Events
The Company has accepted the resignation of Arthur J. Bacci as a director from its Board of Directors and from his positions as President and Chief Operating Officer. Concurrent with this action, Mr. Bacci has entered into a consulting agreement to assist the Company in negotiating strategic alliances and financings.
On January 14, 2002, the Company received notice from the American Arbitration Association of the award of the arbitrator in the arbitration between Claimant, the former President of eMC, a Company subsidiary, and Respondent, The Ashton Technology Group, Inc. The award favored the Claimant in the amount of $510,750 to effect full settlement of all claims and counterclaims submitted in the arbitration that related to an employment agreement with eMC. The award bears interest from the date of the award at 9% per annum.
On January 16, 2002, the Company announced an employee furlough program, which will temporarily reduce employee work schedules approximately 50% with concomitant payroll reductions. The program, which is effective immediately, is expected to be short-term until the Company secures additional working capital. During this period, the Company will assure normal coverage and system operations for the eVWAP(R) trading system and the Company's affiliated broker-dealer units. This program and other initiatives are expected to allow the Company to reduce its operating expenses while it focuses on strategic financing initiatives.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: January 17, 2002
THE ASHTON TECHNOLOGY
GROUP, INC.
By: /s/ Fredric W. Rittereiser
--------------------------
Name: Fredric W. Rittereiser
Title: Chairman and CEO
___________________________
Just say NO to stock fraud!
Kingsway is a holding company
out of British Virgin Islands and Canada, same place TK is out of. I believe this may be a boiler room controlled by TK. There is only one director and he is canadian. Their SEC doc states that they may sell the shares. I believe they are hyping it somewhere and this is the reason for it being up for the time being.
___________________________
Just say NO to stock fraud!
Up another 11% today. Resistance at (.40), (.45) and (.60). OBV is trending up and heading towards positive territory. Strong support at (.29).
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Lots of what ifs in the market. What if America gets attacked again? What if Jesus returns today? What if ASTN reports a profit? As always, it can go either way. Only time will tell, but one thing is certain, people who bought the low made money, people who bought the high lost money. That is always the one constant.
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will it be the bottom?
what if it goes to zero? will .08 be the bottom?
___________________________
Just say NO to stock fraud!
I posted on this thread that I thought (.08) was the bottom when it was at (.08) did I not? How do you figure that was hindsight? FYI- More than one person who posts at Ihub played this bounce and made out quite nicely.
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IFFFFF someone bought astn at BOTTTTTTTTOM
then sold today, they would have done okay. If you pick the top and bottom on any stock, you would also do okay. The truth of the matter is that no one picks the exact top and bottom in reality, only in 20/20 hindsight or theoretical debates. Did you buy at .08 the bottom bottom and sell today? I doubt that. MOST investors here have lost a lot of money. Just because theoretically someone COULD HAVE bought at the very bottom and sold for higher does not mean that every ASTN shareholder did just that, quite the opposite.
Yes, a lot of stocks are off in general from their peaks but I don't consider them very similar to astn. Going from $100 to $20 is very different than going from $20 to .10 These other companies whose share prices have gone down generally have a real product/service adn business plan. ASTN does not. ASTN has no profits. They couldn't even get a regular loan, only toxic funding. The mob did their ipo and boilerroomed their share price up artificially, so did two other promoters who were sued for fraud as well.
There's a big difference between the performance of the market in general, on average, and the performance of astn. Yes, all have gone down but it doesn't make them very similar.
___________________________
Just say NO to stock fraud!
A similar chart pattern does not mean an exact chart pattern and I think you understand my point. Most stocks lost a large percentage of their value. Even so, you seem not to understand my perspective. ASTN may have dropped 99% to .08, but now it has gone up about 400% from that same point. A 400% gain is a pretty good trade as far as I'm concerned.
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80% of companies lost 99% share price?
I don't believe you. Please show a link to this statistic. If investors lost 99% of their money from the peak, they'd all be almost broke. If 80% of companies lost 99%, then 80% of companies would also be going out of business.
___________________________
Just say NO to stock fraud!
Chart every publicly traded issue on the market. You will see a similar pattern on about 80%. When you start talking IPO's, there will be even more correlation. Take a look at PALM. When the market crashes, it crashes. What did you expect? ASTN to hold it's high while almost every other publicly traded issue tanked? I am less concerned about 18 to .08 than I am about .08 to over .30. I didn't buy at 18 so it is of no concern to me.
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$18 to .08 is no biggie?
That's not normal stock market activity. Take a look at astn's history. They had a mob boiler room hyping their stock right after their ipo. $4.50 to $15 is not normal with nothing good happening. Then they go to $1 when the mob drops support. Then promoters Westergaard and CCE hype it up to $18 again. Then reality again sets in and back down it goes to .08
THAT IS NOT AVERAGE MARKET ACTIVITY. Well, maybe for a scam stock but not for anything else.
___________________________
Just say NO to stock fraud!
A large portion of publicly traded issues are down a similar percentage from their all time highs. No big suprise considering the performance of the overall markets. The COMPX had a high of over 5000 and is now below 2000.
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They are still down from $18 high
Most have still lost over 90%. I don't know why they are up currently. I can only think that kingsway is hyping the shares thorugh a canadian boiler room. I believe the price will come back down.
___________________________
Just say NO to stock fraud!
ASTN is still going. Last trade (.36). Looks like the never ending run. I've got the next resistance at (.40), then (.52) and (.60). Looks like something is definitely up here. If nothing else, the price sure is considering the Nov. low was (.08). LOL!
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(No position and No interest) FYI:
There are those humorous occassions when one runs across an understated informational snippet, that (..after picking onesself up off the floor and changing into a dry shirt..) seems worthy of sharing with interested friends and acquaintances...........
If readers will first take a moment, ...to ponder the some significant geological landmarks - like the San Adreas Fault, the Grand Canyon, Hillary's mouth, Mamouth Cave, or major Tectonic Plates, ....the following post will most certainly be appreciated in its true perspective.
http://www.investorshub.com/boards/read_msg.asp?message_id=245291
As the little "...schoolgirl..." on Laugh In used to say, ".....An' dat's the twoooooth....."!!!!
Ha ha ha ha ha ha ha ha ha ha ha ha ha ha.....................
John
"..Have you hugged your Grandkiddies today.."??
.
Come on now.
I cannot say.
I didn't say I would say who he is
I cannot say. I was just wondering if she knew from whom she was copy/pasting information. Heck, stock promoter kathy on npct used to copy/paste me til she learned who I was and what I felt about npct. She used to copy/paste all my TK research before that. Now she just uses my research and sources and calls it her own.
___________________________
Just say NO to stock fraud!
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