I too, am long on ASTX. Although disappointed by the recent downturn, I still have some holdings. I think the current price is a good one, but if you haven't bought in, you might consider waiting. AMAT is a good indicator to watch. They're ASTX's largest customer. ASTX is an innovative company, with dedicated R&D. They consistently turn in design wins year after year.
ASTX is an MIT-spinoff. As an MIT alum, I have a special place in my portfolio for this company. On average, MIT-spinoffs have one of the best performance records going. If it were an index, it would be a benchmark to beat, for sure.
Good day and good trading! |
