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Microcap & Penny Stocks : Airstar Technologies, Inc. (ASTG)

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To: angra manyu who wrote (88)8/25/1996 6:32:00 PM
From: baystock   of 3967
 
Krishna,

If your are an investor (rather than trader ) and can wait 2 to 3 years, I think it would be a mistake to totally get out of this stock. It may be worth trading the volatility, while still holding a core position for the long term. If you look at the upside vs. downside risk I think it is quite favorable especially from the current $1+ price. Xecom is in the business of providing a service everybody needs and they have 10 year contracts on numerous military bases. The infrastructure on the military bases can be used as a "base" to expand into nearby civilian residential areas as well as possibly internet service on and off the base. If you haven't already, it may be worth looking at averaging down and then selling some of your position when it moves back to over $2.
What do you think ?

Ram
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