StockDoubling.com News
20 March 2007

Hello StockDoubling.com members,

Steve Hoven with a quick update. ATSX came out with their 10Q after the bell yesterday. Art (The Ceo) should be coming out with a statement on the earnings later today I will be very interested in that.

I haven't had a chance to really read over the 10Q lots of information in it.

I am still on the road and my wife's grandmothers funeral is today so I won't have much time with that either. Plus I have to go to the hotel lobby in order access the net it doesn't work in my room. UGH!

Anyway in the 10Q I just skimmed it very quickly. As I said what interested me the most was the shares outstanding and BOY OH BOY did that disappoint in a major way.

Fully diluted they have 32 million shares outstanding now. Which is 13 million more than they had last quarter! I was hoping worst case 30 million over the next 6-12 months. And they continue to pay with stock. I didn't dive into all the stock options they gave out etc but will cover that in the future. The earnings were fine but the biggest chunk was from a reversal of dividend paying. Making $7 million in revenue and only doing about $19,000 in earnings isn't something to get to excited about.

As I said though the statement from Art will be the key. Hopefully they will give guidance on things for the current quarter and the next few quarters.

The thing is the company went from being a little over $6 million market cap yesterday to over $10 million marketcap today. Overnight they are worth $4 million more or 66% more yet the shareholders didn't take part in that gain at all. That is the most frustrating part for me.

As I said their could be a lot of other news in the report I just haven't had the time to look into it.

The share price will probably be determined based on Art's statement when that comes out I don't know but should be today I would think.

I am in from .23 so I am up as the close price yesterday was .33. The shares could go up I don't know or they could go down. I don't have a stop in and won't be in front of the computer today to watch the markets. .20 has good support if it were to come that way. Unless Art says the sales and revenue are declining or slowing down I still have confidence in the stock in the long term. Hopefully we can get more answers from Art today.

Have a good day.


If you would like to get FREE MONTHLY UPDATES from StockDoubling.com , you can sign up for our Stock Doubling Newsletter by entering your email address in the box below.

Email:

Feel free to contact me at alleycatnews@alleycatnews.net if you have any questions.

Thank you
Steve Hoven
alleycatnews@alleycatnews.net
www.StockDoubling.com

Risk disclosure and system result disclosure: This is not a prospectus; no offer on our part with respect to the sale or purchase of any securities/currencies is intended or implied, and nothing contained herein is to be construed as a recommendation to take a position in any market. It is possible that at this date or some subsequent date the owners, directors of Alley Cat News and its affiliates own indices/currencies/stocks, or buy or sell indices/currencies/stocks mentioned in this system or those not so mentioned. The intent of this site is for informational purposes only. The material presented herein has been obtained or derived from sources believed to be accurate, but we do not guarantee its accuracy. The Information is not intended to be and does not constitute financial advice or any other advice. The Information on this Site is general in nature and is not specific to you. You should not make any decision, financial or otherwise, based on any of the Information on this site without undertaking your own due diligence. You agree that any and all use of the Information, which you make, is solely at your own risk and without recourse to Alley Cat News/StockDoubling.com or its owners. All trading involves high risk; past performance is not necessarily indicative of future results. There have been no promises, guarantees or warranties suggesting that any trading will result in a profit or will not result in a loss. Stock trading involves high risk and you can lose a substantial amount of money. Readers use the information and links entirely at their own risk. Alley Cat News/StockDoubling.com does not accept any liability in respect of any loss or damage arising from or in connection with any use of the information on or accessed through this document or our company websites. All intellectual property rights in this report remain the property of Alley Cat News. THIS IS NOT A RECOMMENDATION!

Our Family of Websites
500BucksBack.com   AlleyCatNews.net   Christian-Finances.net
LazyTrading.com ShopandPrizes.com   WeekendProfits.com