StockDoubling.com News
16 February 2007
Hello StockDoubling.com members,
I posted this on a message board yesterday so I thought I would share it with the StockDoubling members as well.
THIS DOES NOT EFFECT THE STOCKDOUBLING PROJECT AT ALL. THIS IS MY OWN PERSONAL MONEY AND WILL NOT BE FIGURED INTO THE PROJECT IN ANY WAY SHAPE OR FORM.
"Sent $$$ to my broker to setup a Roth IRA. Money should be in there on Tuesday due to the Monday Holiday.
I am hoping ATSX is still in the .27-.29 range so I can load up on it. This spring is going BIG for this stock I think. Unless they announce in the 10Q (Mid March) that they don't have a handle on issuing more and more shares I don't see any reason why this stock isn't .50-.60.
Downside is to .20 and upside is much more than that. Risk/Reward is a no brainer I think.
$13.5 million in revenue for 6 months of the year. cashflow positive Net earnings for current quarter and total market cap of the company of less than $6 MILLION.
That is CRAZY!!!
Be patient but with a good risk/reward here I think we have a winner.
If you draw trendlines on a 1 year chart from the highs and from the lows you see a flag forming. Support around the .23 range and resistance at the .35 level.
I think if we can make this low no lower than .23. I think we would be in a pattern of higher highs and higher lows.
Just my thoughts but I see more up side than down. (I may change my mind if it broke below .20 though)
I am off for the weekend so talk to you next week.
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Thank you
Steve Hoven
alleycatnews@alleycatnews.net
www.StockDoubling.com
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