Asyst Technologies, Inc. (fka ASYTQ)

[trader53]

ASYTQ is now a ready-to-move-into "shell", for Crossing !


Now that the U.S Trustee has gotten ASYTQ (in order), by cleaning its financial house, Crossing Automation can now take the initiative and declare that it will R/M with ASYTQ.



Valuing a Shell Stock

There are several considerations to review when valuing a Shell Stock:

1. Clean: it has little or no debt, no pending law suites, We don't want anything that can complicate the reverse merger.

2. Small Number Of Outstanding Shares: the smaller the number of outstanding shares, the better.

3. Low Market Value: basically, this is the buy low sell high rule. A Shell Stock with a low Market Value will have a greater chance of price appreciation than one with a high Market Value. (Market Value = price X shares outstanding).

4. Cash On Hand: some Shell Companies have cash remaining from their previous business endeavors.


INDICATORS OF A POSIBLE REVERSE MERGER

Increased Volume/Price: increased volume and price with no news may be an indicator of a potential reverse merger. Information on a reverse merger sometimes leaks out and insiders/family/friends start buying before the reverse merger is announced.

Corporate Activity: cleaning up debts, can indicate management is getting the shell company ready for a reverse merger.


GO ASYTQ >>>>>>>>

ASYTQ Weekly Chart
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=W&yr=3&mn=0&dy=0&id=p53283139598