Americhip International (fka ACII)

[grizzy]

In my opinion the most important thing with the Americhip stock in the past year is becoming a Tier 1 supplier for General Motors Global. Americhip makes money off its abrasives division, but the LACC is the revolutionary idea that Americhip is really based on. Having a company like General Motors include Americhip in its Tier 1 supplier list is the cornerstone for a foundation of contracts. And contracts are what all of us have been waiting for.

If possible, take a look at the stocks sensitivity to movement over the past few years. You will find that momentum in the stock is fast and heavy, but difficult to heavily trade on. I recommend short bursts of buys on this stock and then hold. The company is quite serious about the future of its LACC process and if the rumors hold then it really will be revolutionary in the manufacturing process. I made quite a few dollars on the momentum swings but am committed to having a decent number of shares. When the Tier 1 supplier PR came out, the stock went from .04 range to .09 range and has settled between .075 and .08. Lack of activity in the next month will probably see the price drop back to the .05 range, which in my opinion would be a fine buying opportunity.

Just my $0.02. Good luck with your trading decisions