Replies to post #50069 on American Scientific Resources (ASFX)

[Oz the OK]

It seems incredulous that people here actually post a logic that says that the PPS is through the floor a the company says zip about actual sales and profit performance all because they have a huge contract in the works...... really? people actuall believe that stuff?

Still trying to use major exchanged traded stock fundamentals to analyze the behavior of the Pinks, eh? Some people never get it. Do you know what was one of the hottest sectors in the Pinks this first quarter? The "Q's"...bankrupt companies.

These Penny and Pink stock ARE NOT driven by fundamentals. They move via mob psychology, which means ASFX could report an absolutely horrific 4th Q, yet just the right PR or a MM with a hankering to set it on fire could cause the stock to explode up.

I for one, do appreciate all the info and DD you bring to this board, but in the overall picture of how these critters trade, the fundamentals mean diddly. To answer your question, do people actually believe a huge contract PR could cause this stock to explode? You better believe it.