16 February 2007

Hello members,

I posted this on a message board yesterday so I thought I would share it with the StockDoubling members as well.


"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

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