ASC 6.67% 1.6¢ adultshop.com limited

AdultShop.com

  1. 3,567 Posts.
    Plenty of interest in the ASCOB options. These have a stike price of $1.

    Someone is taking a very optimistic view in regards to these.

    With the ASC close I view it very positive that it closed above it's recent high... we could see another strong run tomorrow as people chase the stock... with the road show not even half over we see now that brokers are viewing it very positively and are buying up the stock... with PE valuations close to $1 on conservative assumptions why not!

    Anyway, I sold 1/3 of my holding just to keep some cash stowed away.

    Cheers,
    Munch.

    As Warren Buffet says "In the short run the stock market is a voting machine, in the long run it's a weighing machine".
 
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