by Recyclersteve » Wed Apr 01, 2020 7:41 pm
My guess is that it sold to someone who has seen the prices that Morgan Dollars with toning fetch. They probably thought that the same principle would transfer over to ASE's. Nope- it sure doesn't.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.