Astrotech Corp. (ASTC)

[IIIverson]

ASTC - Great time to buy now... @ $3.10 the market cap = $61 million. I am still holding. Buying more. Can't see it going any lower than $3.

Yes, I still have a $10 target by the end of 2014.

They sold their space operations unit... leaving 1st Detect unit as their new focus. This is all part of the plan to get ASTC growing again.

Now they can develop their MMS (1st Detect) technology, which has the potential to be worth $100s of millions.


CEO confirms this today....

"We are very excited about what this transaction means for our shareholders," stated Thomas B. Pickens III, Chairman and Chief Executive Officer of Astrotech Corporation. "This represents the beginning of a new era for Astrotech Corporation as the company can now concentrate our efforts on high growth business opportunities while having the needed resources to develop and fulfill the potential of our 1st Detect mass spectrometer product line."