Replies to post #9260 on The Question and Answer Board (IHUB)

[xxrayeyes]

A comparative post which is not my opinion in any way, shape or form.

Penny stocks like ASTN are easy to manipulate up or down a penny or two on thin rumors like turnaround, merger, reverse merger, takeunder, buyout, new financing... We will probably see a few little bounces here. I believe ASTN the company is in financial trouble and there is a liklihood of more dilution. In order to float additional shares, they may have to do some pumping as I do not think that there is any press forthcoming that would be positive enough to cause the needed buy side interest. Has anyone noticed that there is still no evwap volume? It makes me wonder if they are saving the money for their salaries and self dealing.



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[NorthWesterner]

He would need some facts.

On what basis is it said that the company is out of business? A quick search on Yahoo didn't show any PR or filings to that effect. Might be true, but where's the proof?

On what basis is it said that they are saving money for "salaries and self-dealing"? Is that a fact, or an assumptionor opinion? If a fact, it should be supportable by evidence. If an assumption or opinion, should be stated as such.

You will notice that there's not a single factual reference in that whole post.

It may be true. It may be false. It may be partly true and partly false. I have no idea; I know nothing about the company. But if I read that, I would put it in the same wastebasket as the "this company is zooming, back up the truck while there's still time" posts. Both are, IMO, just completely unsupported opinions of equally dubious merit.