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APIO - API Nanotronics Corp

post #1 of 119
Thread Starter 
API Nanotronics Corp. through its wholly owned subsidiaries API Electronics Inc., National Hybrid Inc., Filtran Group, TM Systems and Keytronics, is engaged in the manufacture of electronic components and systems for the defense and communications industries. With a growing list of blue chip customers, including Honeywell/Allied Signal, General Dynamics, Lockheed Martin, and numerous other top technology-based firms around the world, API regularly ships off-the-shelf and custom-designed products to clients in more than 34 countries. API owns state-of-the-art manufacturing and technology centers in New York, Connecticut and Ontario, Canada and has manufacturing capabilities in China and a distribution center in Britain. API Nanotronics trades on the OTC Bulletin Board under the symbol APIO. For further information, please visit the company website at www.apinanotronics.com


I'm in this at $3.30, this is more of a chart play for me. It just broke its 52 week high on strong volume today, and it broke out of a nice ascending triangle. I'll try and post a chart when I get home.
post #2 of 119
post #3 of 119
Chart looks excellent. RSI, MACD, Volume, and a new 52w high oh my!
post #4 of 119
Thread Starter 
Thanks Simon
post #5 of 119
Thread Starter 
Just broke out
post #6 of 119
Thread Starter 
Wow, nice little EOD run here
post #7 of 119
Thread Starter 
Closed at $3.49, up .28 cents from yesterdays close, up over 8 percent!
post #8 of 119
Three Gap Down Formation developed, hence this will most probably reverse the current decreasing pattern tommorow.
post #9 of 119
Why is it even tanking. They claim to have $16M in orders backlog right now. Considering they've never had any revenue in previous quarters, should this be going up like crazy?
post #10 of 119
Ihub members suggest a pump and dump is resonsible for it, however, apparently the pattern is reversing.
post #11 of 119
Pump and dump? That's crazy. This is not a P&D chart whatsoever. Unless I'm misunderstanding something about P&D bigtime... explain?

Anyway, if the company is to be believed, then these prices are crazy, crazy cheap. Doesn't make much sense to me, but looking at the chart, it looks like it came down just to fill the gap from a year ago. LOL
post #12 of 119
Quote:
Originally Posted by Blooey View Post
Pump and dump? That's crazy. This is not a P&D chart whatsoever. Unless I'm misunderstanding something about P&D bigtime... explain?

Anyway, if the company is to be believed, then these prices are crazy, crazy cheap. Doesn't make much sense to me, but looking at the chart, it looks like it came down just to fill the gap from a year ago. LOL
Apparently the advertisement which is contained in the link below were sent by mail.

http://www.smallcapfortunes.com/api-nano/api-nano.html

However, both fundamentals and EOD movement suggests that this will most probably continue moving up.
post #13 of 119
1.14 and moving back up for now.
post #14 of 119
Bottom play. Waiting for trendline break, which looks like about 1.06-1.08 range.

post #15 of 119
APIO - 5 for 1 Split Record Date Nov. 12

API Nanotronics Announces Five-for-One Stock Split
Thursday November 1, 6:00 pm ET

NEW YORK, NY--(MARKET WIRE)--Nov 1, 2007 -- API Nanotronics, Corp. (OTC BB:APIO.OB - News) ("API") (the "Company"), a leading supplier of electronic components and nanotechnology research and development to the defense and communications sectors, today announced that its Board of Directors has approved a five-for-one stock split of the Company's common stock. The split will be effected in the form of a common stock dividend. Each stockholder of record at the close of business on November 12, 2007 will receive four additional shares for every outstanding share held on that date. The additional shares of common stock will be distributed on November 19, 2007.
post #16 of 119
This is coming off the bottom nicely right now. Could see a nice bounce soon.

.104
post #17 of 119
Quote:
Originally Posted by eastcoast_trader View Post
This is coming off the bottom nicely right now. Could see a nice bounce soon.

.104

.105 x .115

LABS sitting on the bid...could be a good sign...don't always see him there
post #18 of 119
Yeah...LABS is all over this one

.115 x .12
post #19 of 119
This one looks interesting and attractive given a quick glance at their last financial statement. I will check them out some more tomorrow.
post #20 of 119
Well, this company's potential looks promising. Very impressive executive board and management team, based in NJ -- they own a fabrication facility; check out their website: http://www.apinanotronics.com/index.asp.

Based on the company fundamentals and their significant revenue-generating history to date, with the stock chart SMA-50 at ~0.095 and the SMA-200 at ~0.155, I would think this one is now a pretty good bottom play.
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