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Amtech Systems Inc. Message Board

  • goss777777 goss777777 Jun 23, 2011 12:21 PM Flag

    Question for Zip

    You wrote that there won't be a short squeeze until about pps = 20.70 (something like that?). I was just wondering how you came up with the number. If I were short in terms of the numbers and recent move, I would be concerned.

    P.S. I was only joking when I called you an agnostic. Fence sitter, ya know :-)

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    • GOSS

      On the 14th when I told you the short squeeze was 21.50, on that day, that is where it would have to go to initiate the squeeze. In the mean time, it tried to go but could not and when we hit 17.50s, I bought back a bunch (but not all).

      Today, the most important things for the longs will be NOT bouncing off the 50 DMA or the 200DMA.

      For the Longs, pushing thru and staying above the 200DMA will speak volumes on the strength of the stock and will cause others to take a second look....

      Agnostic? I had my "Come to Jesus Meeting" in the Marine Corps so no sweat.




      Standing on the Wall


      ZIP

 
ASYS
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