I don't know what just happened to this stock, and I don't care...
I'm buying some. Already put in a bank transfer to my investment account, just waiting for it to clear.
ASYS
(AMTECH SYSTEMS INC)
Source: Fidelity.com
5-year:
10-year:
Max:
(I'm not big on reading stock news or doing in-depth analysis; I'm very much a graph-based investor.)
I love volatile stocks with repeating patterns. I call them "heartbeat stocks." Predictable over the long term, fairly easy to tell when the time is right to buy or sell.
WhiteTara
(30,193 posts)BWdem4life
(2,487 posts)A HERETIC I AM
(24,599 posts)Found on the "Profile" tab;
https://finance.yahoo.com/quote/ASYS/profile?p=ASYS
No dividend. Trading near its 12 month low of $3.59
WhiteTara
(30,193 posts)yellowdogintexas
(22,757 posts)Whatever its future, it looks like a good time to buy in
Scrivener7
(53,038 posts)then someone would say they got norovirus from a Chipotle and the stock would go down a slightly greater percentage. Then the cycle would start again. I rode that a couple of times and then forgot to take my money out when it went back up. And then it dropped like a stone then. I decided it wouldn't pay to take out my money when it was so low so I let it ride. And then it started climbing. It went up to about quadruple my original investment and I cashed out. It's gone much much higher since, but so be it. It paid for my car. (Second hand and pretty cheap, but still!)
True Dough
(20,603 posts)The president of the company recently bought $260,000 worth of stock, paying US$3.94 per share.
What is your target sell price? Around $10? Or will you sell some or all for less than that?
BWdem4life
(2,487 posts)I only buy/sell once a month. If the price goes up 15% within the first month after my initial purchase, I'll usually sell. Each consecutive month after that I'll add 7%, so if I'm up 22% in 2 months, 29% in 3 months, 36% in 4 months etc. then I'll sell. So, I could be holding it short-term or long term on this basis. And obviously if it takes so long that my calculated sell price has gone above a reasonable amount, I'll just sell when the time seems right - probably if it's at least 70% of the most recent historical high. So, 70% of 15.00 = 10.50.
Buy: 4.21
Sell:
month - price
1 - 4.84
2 - 5.17
3 - 5.43
4 - 5.73
5 - 6.02
6 - 6.32
7 - 6.61
8 - 6.90
9 - 7.20
10 - 7.49
11 - 7.79
12 - 8.08
13 - 8.38
14 - 8.67
15 - 8.97
16 - 9.26
17 - 9.56
18 - 9.85
19 - 10.15
20 - 10.44
21+ - 10.50
walkingman
(8,453 posts)Walleye
(35,991 posts)Frasier Balzov
(3,530 posts)And they're a manufacturing company in the high-tech components industry.
Thank you for your invitation to look more closely at ASYS for the prospect of placing a buy order!
PoindexterOglethorpe
(26,771 posts)buying and selling of stocks is a fool's game.
Buy good stocks. Keep them for the long term. Better yet, buy good funds from reputable companies. Keep them long term. You won't regret it.
BWdem4life
(2,487 posts)Hermit-The-Prog
(36,602 posts)My brother-in-law's cousin's bookkeeper buddy said her doctor's assistant knows a tax preparer who always makes quadruple his investment every year and is willing to share tips about what's hot while doing your 1040EZ.
So there. Indisputable PROOF!
BWdem4life
(2,487 posts)Poindexter does have a good point though - stock timing is not for most people. Just those with the time and inclination.
Hermit-The-Prog
(36,602 posts)My investment process is 1. buy into a company that's older than I am, 2. 2 minutes later, "OMG what have I done?", 3. wait a few years before daring to do it again.
Best_man23
(5,124 posts)What I mean by "treat it as a trade" (using the graph) is you want to try to buy this at a low, wait for it to go up a bit, then sell higher. This stock is too volatile to even begin considering it as an "investment" (something you hold for a long time). If you can figure out the timeframe(s) that the pattern repeats, you can buy and sell this again and again. I did something similar years ago with VMWare's stock when it was trading in a volatile cycle.
Just as a general rule, if its not crystal clear what a company does, its not adviseable to buy that company's stock or bonds. With any security you buy, you should absolutely know what that company does or produces. Remember the lesson from Enron?