Last time this took off (9 months or so back) it gave 10 bags (0.015 to 0.15) Volume building last few sessions and staring to get a move on. Taking out the 200ema resistance zone will be nice.
Beat me to the punch on this one Aussie. i concur. PR out this morning. Should see a nice day. ;D
What PR is that? I was unable to locate any.. It is pretty early though :D
AussieTrader,
Is it still a good time to enter in your opinion? :-\
Look, ACHI had just a great day yesterday and did everything expected on huge volume. I expect continuation today. Check David's update in the 3 pennies on fire section as they bought yesterday, in fact they got a great fill at the lod, can't get much better than that!
hovering around 61.8 % fib retracement hopefully $0.045 give a good support. I'm looking forward for it to bounce back from now.. Hopefully ;D got a good PR out this morning .. JMHO any thought on this one ???? TIA
Quote from: AussieTrader on August 03, 2005, 07:56:45 AM
Look, ACHI had just a great day yesterday and did everything expected on huge volume. I expect continuation today. Check David's update in the 3 pennies on fire section as they bought yesterday, in fact they got a great fill at the lod, can't get much better than that!
I am smiting myself every hour for the next few hours or so :D :D
Quote from: AussieTrader on August 03, 2005, 11:20:52 AM
Quote from: AussieTrader on August 03, 2005, 07:56:45 AM
Look, ACHI had just a great day yesterday and did everything expected on huge volume. I expect continuation today. Check David's update in the 3 pennies on fire section as they bought yesterday, in fact they got a great fill at the lod, can't get much better than that!
I am smiting myself every hour for the next few hours or so :D :D
LOL Aussie Trader I think that's why penny is so much fun to play or is it ??? ;D it can go up 200% in one day next thing you know it give you hearth attack ... well I think that's why it's good to alway take some profit and don't look too much at intraday action... just stick to your plan .
(http://www.geocities.com/toto9388/achi2.GIF)
Definitely on the move!
$0.049 now.
(http://www.geocities.com/toto9388/achi3.GIF)
ACHI is just sitting there taking a breather at .049...it seems its deciding if it wants to jump into the .05's...hmmm..its thinking....what is it going to do...?
did u get in OUCH!...i noticed it to earlier...i posted it in the 3SF pennies on fire thread...3SF owned it a little while ago.
good luck ;)
julia
I just bought a little several days ago at $0.037 so i will sit with this one for a while.
I am this kind of trader who likes to buy at support.
Of course I also buy at breakouts.
Good luck to your trades too!
oh good for you OUCH!
then u should be ok..hope u clean up!
julia
Nice quick move this morning, but it has given it all back. Any thoughts on a continued climb, or settling back down for another few weeks till the next run ?
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=5026;image)
(http://www.geocities.com/toto9388/achi.JPG)
I've been watching this stock after it was mentioned on a radio program. The show mentioned that if the stock could break the .07 resistance level this stock come be worth investing in.
I jumped in at .072 and wanted to get some input in the company/stock.
Most recent news article:::::::
AmeriChip International Appoints Vice President of Sales/Marketing
PLYMOUTH, Mich., Sept. 7, 2005 (PRIMEZONE) -- The Board of Directors of AmeriChip International Inc. (OTCBB:ACHI) announced the appointment of Jim Miller as Vice President of Sales and Marketing effective immediately.
Mr. Miller brings to the Company a strong background in technical sales, automotive leasing/financing, mergers and acquisitions with Fortune 500 companies. He brings a contact list throughout the continental U.S. including the three major automakers in the United States. He began his business career with General Motors and has developed expertise in sales planning, sales management, budget controls, system development, fluid power controls and business development.
Mr. Miller will be responsible for the development of new business using his extensive list of key contacts at the upper management levels within the automotive, aerospace and farm implement industries. He is currently working directly with the Company's engineering department and he has already arranged for and attended meetings with several Tier One suppliers with the Company's CEO Marc Walther. "With the ability to market as a Tier One supplier, Mr. Miller's contacts will be invaluable in assisting AmeriChip accelerate its business plan," said Marc Walther.
Headquartered in Plymouth, MI, AmeriChip International Inc. holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost saving services and products that all cost-conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com or contact Rhonda Windsor at 905-898-2646 or send an e-mail to
[email protected] Source: PrimeZone (September 7, 2005 - 9:30 AM EDT)
News by QuoteMedia
On the GZFX thread runningforthedoor asked me why I didn't let people know before the run. Well hope you guys are reading this one. Check out ACHI's chart below. Things that I like about it include:
+ White Opening Marubozu
+ Improving RSI
+ Like the ADX indicator
+ Fresh Golden Cross!
This thing's gonna be "runningforthedoor" in the near future.
Additional feedback on the chart would be helpful. Thanks!
Not sure what the volume/PPS rise the last two days was about...seems to be alot of hope for big contracts coming soon for this stock...if they get one, I think it will breakout. ;D
News today!!!! Lets see if it goes this morning. Wish me luck guys, could use a big one about now.
=====
AmeriChip International Commences Pilot Project for GM Powertrain
10/10/05
PLYMOUTH, MI, Oct 10, 2005 (MARKET WIRE via COMTEX) --
The Board of Directors of AmeriChip International Inc. (OTC BB: ACHI) announced that as a result of a presentation by management of the Company to senior engineers at GM Powertrain last week, the Company has been asked to immediately commence trials on the application of its Laser Assisted Chip Control technology on parts submitted by GM Powertrain.
Marc Walther, President and CEO reports that a high level engineering source at GM Powertrain was quoted as saying, "We are enthusiastic about the AmeriChip technology and their ability to solve our chip control problems. The GM PowerTrain Group has committed to immediately sending parts to AmeriChip for evaluation."
Over the past month the Company has met with and made presentations to GM and five (5) Tier One suppliers to the automotive industry. As a result, the Company is currently conducting pilot projects for all five companies. This includes, but is not limited to, meeting with senior engineers to assess their individual needs, preparing CADCAM drawings, conducting feasibility studies and preparing quotations for both application and production of the LACC process. Parts delivered by various potential customers, including GM Powertrain, are currently on site at the AmeriChip laboratory located within its licensed facility at KSI Machine and Engineering and are being evaluated.
Last month the Associated Press published an article where it reported that "GM rolls out new cost-cutting plan for suppliers -- Overall targets replaced by emphasis on individual parts." "At a time when the automotive industry is asking its suppliers, including those to whom AmeriChip has made recent presentations, to help cut costs to remain competitive globally, AmeriChip is poised to take the lead in this initiative," stated Ed Rutkowksi, Vice President Operations - Research & Development.
Headquartered in Plymouth, MI, AmeriChip International Inc. holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost saving services and products that all cost conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com or, contact Rhonda Windsor at 905-898-2646 or send an e-mail to
[email protected] Contact: Rhonda Windsor 905-898-2646
[email protected] SOURCE: AmeriChip International Inc.
mailto:
[email protected] Copyright 2005 Market Wire, All rights reserved.
There was news this a.m and also on Friday, both days closed up. Perhaps its time to relook at this stock...any thoughts?
Monday, February 27 2006 9:20 AM, EST
AmeriChip International Inc. Secures License for Patented Metal Polishing Technology
PLYMOUTH, MI -- (MARKET WIRE) -- 02/27/06 -- The Board of Directors of AmeriChip International Inc. (OTC BB: ACHI) announced that it has entered into a licensing agreement with its President and Chief Executive Officer, Marc Walther for the use of his patented metal polishing technology. The Company believes that this patent will significantly increase the sales potential of the Company by expanding its product line and revenue producing ability.
The license agreement allows for the Company (http://www.americhiplacc.com) to have exclusive use of the patented technology except for prior arrangements by Mr. Walther with both Ford, Visteon, and Ford Global Technologies. Ford will continue to maintain its irrevocable license for the technology for use by Ford http://www.ford.com, Visteon http://www.visteon.com, and Ford Global Technologies.
This process augments the existing Laser Assisted Chip Control technology platform from which the Company currently operates offering a broader scope of products to its customers thereby increasing its revenue potential.
This patent is a "process" patent that uses a combination of high speed machining and abrasive nylon brushes that reduce labor and capital required to manufacture dies and molds. This process patent allows for a method to automatically finish free-form contoured metal or hard die surfaces. As a result, the cost to machine and polish a mold or die can be reduced by 50%. To learn more about this process please visit: http://www.worldtalkradio.com/archive.asp?aid=6254
Mr. Walther will receive a royalty on any revenues generated by the Company and its subsidiaries through licensing opportunities and implementation of the process inter-company.
Headquartered in Plymouth, MI, U.S.A., AmeriChip International Inc., a patented technology company, holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost saving services and products that all cost conscious industrial steel and aluminu
m machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
-- ACHI on huge volume (RECORD VOLUME)
-- breakout from 50sma
AmeriChip International Inc. Receives Its First Two Purchase Orders From General Motors
Wednesday June 28, 7:00 am ET
PLYMOUTH, MI--(MARKET WIRE)--Jun 28, 2006 -- The Board of Directors of AmeriChip International Inc. (OTC BB:ACHI.OB - News) announced that it has received its first two purchase orders from General Motors for machining production parts on a large volume transmission component utilizing the Company's Laser Assisted Chip Control technology.
ADVERTISEMENT
"The receipt of these first two purchase orders is the culmination of the hard work and dedication of the AmeriChip engineering and sales team," stated Rick Rossmann, President, AmeriChip Automotive, Inc.
"We are enthusiastic about this opportunity to implement our LACC technology for one of America's major automakers and establishing AmeriChip's competitive advantage in addressing chip control problems in the auto industry.
"The receipt of these purchase orders validates that GM is of the opinion that the LACC technology is a means of assisting them in establishing their cost cutting initiatives," Rossmann concluded.
The Company will begin receiving parts for manufacturing by July 15th.
Marc Walther, President & CEO of AmeriChip International Inc., stated, "I believe that this is the first of many such opportunities that will enable AmeriChip to demonstrate its commitment to revitalizing the automotive industry and firmly establishing our LACC technology as a benchmark in cutting costs in the machining of automotive parts."
Headquartered in Plymouth, MI, U.S.A., AmeriChip International Inc., a patented technology company, holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost saving services and products that all cost conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
ACHI
ACHI
Ready to buy ACHI in the morning 8)
i got some at gap close at 0.062 :o
Quote from: ket1390 on June 29, 2006, 01:06:26 PM
i got some at gap close at 0.062 :o
Good plaly! I got near the open in case it started running, and the other half at .062. Now the gap is closed, looking forward to highs above that upper shadow from yesterday!
My limit order got executed @ 0.065
That should be a pullback in low volume ;)
Quote from: Terliso on June 29, 2006, 02:31:51 PM
My limit order got executed @ 0.065
That should be a pullback in low volume ;)
I guess we all should have waited, what with the stock at 0.05 now, hindsight is 20/20 as they say :(
Update: wound up buying 3 times today, now averaged in at 0.63. Was a bit of a white knuckle ride there down to 0.05.
Nice to see that the gap was filled, and that the stock closed above where the gap started.
the weekly chart looks very nice.....me must have a lot of bagholder between 0.070-0.089 from 2 days ago when Volume was 40 Mio....MM took it down to 0.050 someone bought about 4 Mio Shares at around 0.05 - 0.052. Shake the tree....
I'm out @ 0.062 loss -4.61%
I don't like the 150 sma pointing downward on the weekly chart, that must be the resistance right there.
I'm out & moving on to next trade...
I usually use 200sma & 200ema for weekly chart but on ACHI those moving are not there, so I checked & lower the number to 150 & found out the 150sma is pointing downward :(
the party just starts....8) eyii.ob looked the same last august....same chart formation i remember it takes a few days... :) 2 weeks later it was 100% up..he..he.he
i see a cup with handle...and explosive volume... 8) 8) 8)
I see what you're saying about the 150sma pointing downward and the 200sma not working.
It looks like back in 2003 there were periods when this stock wasn't trading at all. I think this may be what messes up the 200ma's.
As for the 150sma pointing downward, back in Sept 03 to Jan 04 the stock plummeted from over $0.60 down to $0.09. It's these 5 months that are skewing the weekly 150sma and giving it such a downward slope. You just have to decide how important those prices from 2.5 years ago are to your analysis today.
Quote from: ket1390 on June 30, 2006, 04:24:10 PM
i see a cup with handle...and explosive volume... 8) 8) 8)
Nice chart, thanks for posting that. Its interesting to note that the August volume spike also resulted in the same kind of candle we had this week, a small real body and very long shadows upward. That candle was followed by a rise in price. Together with your cup and handle, and rising trendlines, this could indeed be good.
I took a look at the eyii chart, looks like the August spike happened right away, then the price dropped to fill the gap over about 3 weeks, then came back to its high after a total of 4 weeks since the initial spike. In the case of ACHI, we have already filled that gap, so I would hope for upward price action from here.
I will also stick it out for now to see what happens, today's drop was on rather low volume anyway...
8) i get the feeling we got a smiliar chart..
Quote from: tokyopua on June 30, 2006, 04:34:46 PM
Quote from: ket1390 on June 30, 2006, 04:24:10 PM
i see a cup with handle...and explosive volume... 8) 8) 8)
QuoteNice chart, thanks for posting that.
cheers :D
Quote
I will also stick it out for now to see what happens, today's drop was on rather low volume anyway...
yes a very low volume day..my current rating hold...buy more at 0.05. ;)
Good luck guys I hope you make money on this one ;) :D ;D
you see what i see.....exactly the same three candles...
looks good today so far!! up 10% 8)
I think it is time to buy.....
Candlestick Analysis
Recent CandleStick Analysis
Very Bullish
Jul-21-2006 Bullish Engulfing
Today's Candlestick Patterns:
White Opening Marubozu
Today a White Opening Marubozu was formed. This shows that the day opened and then the prices continued to go up all day long without coming below the opening level thus forming a long white body, however prices did not close at the high of the day and thus they created an upper shadow.
Definition:
The White Opening Marubozu is a single candlestick pattern characterized by a long white body. It has an upper shadow but no lower shadow. This is a strong bullish candlestick pattern.
Technicals
Close Above the 13-day EMA
Percentage Gainer
MACD is Bullish
Stochastic is Bullish
RSI is Bullish
Last Price Quote is:
2.46%above 13-day EMA
5.71%above 50-day EMA
RS Rating: 97
Fundamentals
Key Data:
Market Cap (M): $19.92
P/E Ratio: NA
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
Support @ 0.05...0.04...0.03
Resistance @ 0.06...0.07...0.09
Sold today at .0545 after it broke below the .055 support, only to return from lunch to see it up %7.0. Every stock I buy goes down and every one I sell rises immediately. I have lost 12k this year from an initial investment of 28k. I am seeking a knowledgable investor to hold my hand through every trade. Any takers? I can and will post all of my open and closed trades for those needing a laugh.
Hit 52 wk low then it had some good news to come out about their profits. and really good volume on it today,
Had to grab some
AmeriChip Generates 13 Percent Profit Margin (Before Depreciation and Interest) With 78 Percent Gross Margin
PrimeNewswire (Tue 10:00am)
• AMERICHIP INTERNATIONAL INC Financials
EDGAR Online Financials (Tue 9:04am)
• Operating Profit and Positive EBITDA for AmeriChip
PrimeNewswire (Thu, Oct 18)
• AMERICHIP INTERNATIONAL INC Files SEC form 10QSB, Quarterly Report
EDGAR Online (Thu, Oct 18)
Yesterday when I took a position in ACII the chart looked as though it was bullish but after market closed it looked bearish.
Hoping I didn't make a mistake entering this one.Sold another to get this one,,might be sorry now.
Todays trading for ACII makes me think I didn't pick a bad stock.
AmeriChip CEO Interviewed by IPOdesktop.com
Thursday October 25, 10:00 am ET
LOS ANGELES, Oct. 25, 2007 (PRIME NEWSWIRE) -- In an interview with IPOdesktop.com, AmeriChip International's (OTC BB:ACII.OB - News) CEO Marc Walther said, ``We are pleased with our sequential quarterly performance in terms of revenue, gross margin and positive operating profit.
``For the quarter ending November 30, 2007 we anticipate another revenue increase and another operating profit.
``Revenue is increasing because we restructured our sales and marketing program and now use the LACC (Laser-Assisted Chip Control) process to gain additional, predictable, high-margin business in our 50,000 square foot manufacturing plant, from major manufacturers and their Tier One suppliers.
``We have also restructured our sales and marketing programs for LACC-only business. Building on a number of successful PPAP (pre-production approval process) and successful validation programs, our new COO, Roger Paquette, emphasizes to major strategic partners that we help them re-engineer their manufacturing process, to increase profit and reduce costs. He is coordinating the expanded marketing approach with Dan Green, who recently joined AmeriCHip as Director of Systems and Integration.
``To put it in perspective, some of our major LACC prospects have plants that encompass 2 1/2 to 3 million square feet with 3-5000 employees. We are very pleased with Roger's strategic partnering, consultative perspective. Our major LACC prospects are embracing his manufacturing process re-engineering approach.
``Direct LACC-only prospects with whom Roger is working include General Motors Powertrain, Ford Powertrain, Eaton Corporation Powertrain, Caterpillar Truck and Tractor, Chrysler, and American Axle & Manufacturing.''
Just my opinoin on ACII after studing chart and reading recent news on this stock. It looks like it has been heavily shorted now for about two weeks and todays trading could begin to turn it around with buyers coming back in. I think it has found its bottom and may trade sideways till their report when released for the quarter ending Nov. 30TH. I might try to play the ups and downs while waiting for the jump. I tried to sell today for .04 after it showed a tick for that price but I couldn't get order filled and plan was to re-enter @.03 or below again. Maybe Monday
Remember to do your own DD before investing in any stock
AmeriChip CEO Interviewed by IPOdesktop.com
Thursday October 25, 10:00 am ET
LOS ANGELES, Oct. 25, 2007 (PRIME NEWSWIRE) -- In an interview with IPOdesktop.com, AmeriChip International's (OTC BB:ACII.OB - News) CEO Marc Walther said, ``We are pleased with our sequential quarterly performance in terms of revenue, gross margin and positive operating profit.
``For the quarter ending November 30, 2007 we anticipate another revenue increase and another operating profit.
``Revenue is increasing because we restructured our sales and marketing program and now use the LACC (Laser-Assisted Chip Control) process to gain additional, predictable, high-margin business in our 50,000 square foot manufacturing plant, from major manufacturers and their Tier One suppliers.
http://gaskinsco.com/acii-august10q.htm
Still holding this penny for a chance at some decent profit. When bought buy price was .035. Chart is beginning to look bullish. Need more volume, For such a low priced stock 786,000 shares is nothing. Need them to be in the upper millions for this thing to run.
Changed Ticker Symbol
'ACHI.OB' is no longer valid. It has changed to ACII.OB
"ACII.OB" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders. ;D
All history on a stock pick in 1 thread is awesome. ;)
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock. :( ::)
Thank You....and good luck with all your trades....make some $$$ ;D ;)
AWARDED CONTRACTS TO MANUFACTURE CAMSHAFTS: AmeriChip International Inc.
(ACII) has secured contracts to manufacture camshafts for a major Detroit-based domestic auto
manufacturer. The contracts, which are open-ended, call for variable monthly shipments on an
escalating scale of camshafts to be sent to assembly plants and automotive aftermarket locations
throughout North America.