Canes, ASFDs chart is looking up, but EKNO I wouldn't buy. I know it looks like its down a lot, but it had only a one day blip, then down she fell. Bollingers have widened a lot, RSI turning south. I wouldn't bet on a recovery. But that is my opinion.
Buy BBs stocks at your own risk! Remember, dilution kills!
Hi Canes1964, check this out on asfd. I don't know what the status of the merger is at the moment but the math is interesting. http://biz.yahoo.com/e/010919/asfd.html Also found the same info in ASFD's 10Q from Nov 19. "On September 14, 2001, we announced that we had entered into a definitive merger agreement with Global Sports, Inc. whereby Global will acquire all of the outstanding shares of our common stock. Under the terms of the merger agreement, upon consummation of the merger, our shareholders will receive 0.0076 of a share of Global common stock and $0.125 cash for each share of our common stock. Global expects to issue approximately 430,000 shares of common stock and pay approximately $7.1 million of cash in exchange for all of the outstanding shares of our common stock. Closing of the proposed transaction is subject to the satisfaction of certain customary closing conditions, including approval of our stockholders."
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