I think ATML is a great long term hold. Very stable company, good looking numbers, broad spectrum of products, large customer base.....
as for entry and exit point.....well, I really like the stock and think it will be higher down the road. The question is, does it get cheaper in the near term, due to economic conditions, war and etc....that I cannot answer.....With this in mind.....do what I do....buy maybe 1/3 of what you want on a dip......and place orders for more at lower prices. if it goes up, you have some and will at least be onboard. If it goes down...well, you didnt blow your whole wad, so if she does come all the way down to $3, you will have bought more at $5 and at $3 and have a pretty good cost basis. I certainly am not worried about atml going out of buisness, and think when the market full recovers, atml will recover quite nicely. Just my opinion of course....as for an exit point...well that really depends on how many shares I have, what the market and economy is doing and etc......if we drop more, I will be buying more. The more shares I have, the more prone i will be to take 20% chunks off the table on the rises, but I will still keep some long term. If I dont have as many shares as i would like, I will be less prone to sell, but will if we see enormous gains..........so, hope that helps.....it's a great company...tough times....but look at their diverse line of products and their customer base....good luck....I will be buying more on substantial weakness.
Keith |
