Asyst Technologies, Inc. (fka ASYTQ)

[trader53]

ASYTQ:Fortune favors the bold. To be a successful investor you must have the courage of your convictions. That means if you’ve done your homework, don’t be afraid to step up to the plate, especially in the face of consensus opinion that’s going the other way. "


Would anybody have bought shares in QSGIQ in June 2010 ?
QSGIQ, during all of May & June & most of July 2010, looked as if the stock was a goner, washed-up, toast, kaput !! Then, on July 23rd, the announcement came of a R/M with KruseCom.


QSGIQ Daily Chart
http://stockcharts.com/h-sc/ui?s=QSGIQ&p=D&yr=2&mn=0&dy=0&id=p39664575608


QSGIQ Weekly Chart
http://stockcharts.com/h-sc/ui?s=QSGIQ&p=W&yr=3&mn=0&dy=0&id=p13759436614


Presently, a lot of folks do not believe that ASYTQ and Crossing Automation could effect a R/M. Some, have the opinion that ASYTQ is washed-up, toast, kaput. When you examine the chart of ASYTQ, you find that ASYTQ is actually in a better position, than QSGIQ was before it began its climb. ASYTQ's stock has formed a
multi-bottom base at 0.002c. And, it is in one of the top performing sectors, Semiconductors. Both the RSI and Full STO on the chart show that ASYTQ is very strong, and has turned the corner since it bottomed in September 2010, along with all the other stocks in the Semiconductor sector.

ASYTQ Weekly Chart
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=W&yr=3&mn=0&dy=0&id=p78338102382

One BIG reason, to like ASYTQ, is that Crossing Automation, who bought ASYTQ's assets, IP, logo, building, etc., is doing very well financially, at a time when the sector they are in is doing very well. It is in their interest, to become a publically traded company, and the best way to do that financially, is to do a R/M with ASYTQ. It makes perfect sense to expect that ASYTQ is a good stock to own, right now, at this perfect time.