AI
Thursday, August 25, 2011 6:10:13 AM
Hey lowtrade,
I read, with great interest, your discussion on "Gaps".
I'd like to get your opinion, and assessment of the "Gap" that appears in the following chart of ASYTQ.
(The company filed Voluntary Ch.11 BK in April 2009.)
The company has $18M in cash, protected by the court, and only 50M shares outstanding, which = 0.36c cash per share value, which would fill that "Gap".
This is also a very possible "Reverse Merger" play with a private company called Crossing Automation", which they sold a lot of assets to, and is using their logo, address, has their Intellectual Property, and more.
What do you think?
Thx,
trader53
I read, with great interest, your discussion on "Gaps".
I'd like to get your opinion, and assessment of the "Gap" that appears in the following chart of ASYTQ.
(The company filed Voluntary Ch.11 BK in April 2009.)
The company has $18M in cash, protected by the court, and only 50M shares outstanding, which = 0.36c cash per share value, which would fill that "Gap".
This is also a very possible "Reverse Merger" play with a private company called Crossing Automation", which they sold a lot of assets to, and is using their logo, address, has their Intellectual Property, and more.
What do you think?
Thx,
trader53
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