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BWdem4life

(2,487 posts)
Sun Jan 7, 2024, 09:40 PM Jan 2024

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.

17 replies = new reply since forum marked as read
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I don't know what just happened to this stock, and I don't care... (Original Post) BWdem4life Jan 2024 OP
what does this company do? WhiteTara Jan 2024 #1
Heck if I know. BWdem4life Jan 2024 #3
From the Yahoo Finance page; A HERETIC I AM Jan 2024 #12
thanks. It looks like a pump and dump to me. WhiteTara Jan 2024 #14
It does have a remarkable resemblance to an EKG tracing, doesn't it? yellowdogintexas Jan 2024 #2
A while back, someone was messing with Chipotle. It would go up a certain percentage, Scrivener7 Jan 2024 #4
You're not alone in coveting shares around this price True Dough Jan 2024 #5
Depends on how quickly or slowly the price moves BWdem4life Jan 2024 #8
Looks like it has a little AFIB to me, a good shock is in order. ☮ walkingman Jan 2024 #6
Could be a Donald Trump signature Walleye Jan 2024 #7
The balance sheet looks pretty healthy too. Frasier Balzov Jan 2024 #9
Excellent example of why trying to time PoindexterOglethorpe Jan 2024 #10
It works for me. nt BWdem4life Jan 2024 #11
You're just trying to keep it all to yourself Hermit-The-Prog Jan 2024 #13
lol BWdem4life Jan 2024 #15
Glad you took that in the spirit intended Hermit-The-Prog Jan 2024 #16
If you buy this stock, you need to treat it as a trade vice an investment Best_man23 Jan 2024 #17

BWdem4life

(2,487 posts)
3. Heck if I know.
Sun Jan 7, 2024, 09:50 PM
Jan 2024
Like I said, I'm not into researching companies at all. I base my investing decisions solely on the long-term graph.

A HERETIC I AM

(24,599 posts)
12. From the Yahoo Finance page;
Mon Jan 8, 2024, 01:58 AM
Jan 2024

Found on the "Profile" tab;

Amtech Systems, Inc. manufactures and sells capital equipment and related consumables for use in fabricating silicon carbide (SiC), silicon power devices, analog and discrete devices, electronic assemblies, and light-emitting diodes (LEDs) worldwide. The company operates through Semiconductor and Material and Substrate segments. The Semiconductor segment designs, manufactures, sells, and services thermal processing equipment, including solder reflow ovens, horizontal diffusion furnaces, and custom high-temp belt furnaces for use by semiconductor, electronics, and electro/mechanical assembly manufacturers; and diffusion and reflow thermal systems, as well as wafer cleaning equipment and related services. The Material and Substrate segment manufactures and sells consumables and machinery for lapping and polishing of materials, such as silicon wafers for semiconductor products; sapphire substrates for LED lighting and mobile devices; silicon carbide wafers for LED and power device applications; various glass and silica components for 3D image transmission; quartz and ceramic components for telecommunications devices; and medical device components, and optical and photonics applications. It also offers substrate products comprising of double-sided wafer cleaning system, entegrity head tester, substrate carrier, substrate polishing templates, double-sided lapping and polishing machines, single-sided polisher, and substrate process chemicals. The company sells its products through sales personnel, as well as a network of independent sales representatives and distributors. Amtech Systems, Inc. was incorporated in 1981 and is headquartered in Tempe, Arizona.


https://finance.yahoo.com/quote/ASYS/profile?p=ASYS

No dividend. Trading near its 12 month low of $3.59

yellowdogintexas

(22,757 posts)
2. It does have a remarkable resemblance to an EKG tracing, doesn't it?
Sun Jan 7, 2024, 09:49 PM
Jan 2024

Whatever its future, it looks like a good time to buy in

Scrivener7

(53,038 posts)
4. A while back, someone was messing with Chipotle. It would go up a certain percentage,
Sun Jan 7, 2024, 09:56 PM
Jan 2024

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)
5. You're not alone in coveting shares around this price
Sun Jan 7, 2024, 10:01 PM
Jan 2024

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)
8. Depends on how quickly or slowly the price moves
Sun Jan 7, 2024, 10:26 PM
Jan 2024

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

Frasier Balzov

(3,530 posts)
9. The balance sheet looks pretty healthy too.
Sun Jan 7, 2024, 10:54 PM
Jan 2024

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)
10. Excellent example of why trying to time
Sun Jan 7, 2024, 11:16 PM
Jan 2024

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.

Hermit-The-Prog

(36,602 posts)
13. You're just trying to keep it all to yourself
Mon Jan 8, 2024, 04:22 AM
Jan 2024

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)
15. lol
Mon Jan 8, 2024, 03:36 PM
Jan 2024

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)
16. Glad you took that in the spirit intended
Mon Jan 8, 2024, 03:48 PM
Jan 2024

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)
17. If you buy this stock, you need to treat it as a trade vice an investment
Wed Jan 17, 2024, 08:22 AM
Jan 2024

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?

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