ACHI.OB is no longer valid. It has changed to ACII.OB

[wrangler]

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) 

[wrangler]

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.

[wrangler]

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.''

[wrangler]

 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

[wrangler]

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.

[setravis]

Changed Ticker Symbol

'ACHI.OB' is no longer valid. It has changed to ACII.OB

[setravis]

"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.                                                          
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 $$$                 

[setravis]

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.