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ACS Motion Control, Ltd. Message Board

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  • aamini21 aamini21 Jul 7, 2004 11:49 AM Flag

    A good run,

    What you say is not necessarily true and given the run the stock has had and the fact that the company DID say in last quarter's 10K that orders are increasing and this quarter looks to be strong, I would think twice before selling this stock or trying to short it. I think that we still have considerable room to run once the report comes out because we have been so undervalued and as we get more and more positive reports we get more and more investor confidence to give our stock a better valuation. Not to mention more investors can come in if this stock holds above 10 which it will this time.

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    • Yes, I totally agree with you.

      Once we pass the resistance level of $12.50, we should see this stock in the late teens or low 20's. Then, the stock will be attractive to investors and as a result the company will have to announce a stock split.

      Good luck to everybody!

 
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