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Thread: ASFX - American Scientific Research Inc.

  1. #1
    Junior Member rajsekar_63 is on a distinguished road
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    Default ASFX - American Scientific Research Inc.

    Guys,

    This stock increased by 700% yesterday. But today it dropped by 40%. What do you guys think about this stock. This company has a solid product which is approved by FDA.


  2. #2
    Junior Member stockdunia is on a distinguished road
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    Default Wait for some time and Buy

    Currently RSI is in over bought area. In my opnion, this stock will drop further.

    So, wait for some time then buy it.

  3. #3
    Junior Member Stocksidentity is on a distinguished road
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    Thumbs up The story of ASFX remains same

    ASFX shot up by 500% in june and then we saw a major correction, now again after two month, it shot up by 700%, now the story remains same...
    ASFX is going thru correction. however, I feel there is some upside left in this stock, we should be looking to see this stock at 0.02... hopefully..

  4. #4
    Junior Member infinite is on a distinguished road
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    Default

    Quote Originally Posted by Stocksidentity View Post
    ASFX shot up by 500% in june and then we saw a major correction, now again after two month, it shot up by 700%, now the story remains same...
    ASFX is going thru correction. however, I feel there is some upside left in this stock, we should be looking to see this stock at 0.02... hopefully..
    Hope the turn around is faster than the last time......From Yahoo forum...Response from the CFO..

    American Scientific Resources, Inc., is currently in the process of completing its audit after which the company plans to file as soon as possible. While this process has been ongoing longer than the many would prefer, the Company and its auditors wish to get everything right the first time.


    Teresa McWilliams
    Chief Financial Officer
    American Scientific Resources
    p 954.370.5015
    f 954.206.0487
    American Scientific Resources - ASFX
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    Thermofocus 5-in-1 Non-Contact Thermometer: YouTube - Thermofocus: NEW Non-Contact Baby Thermometer. 5-in-1 uses
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    American Scientific Resources, Inc. is a holding company for two wholly owned subsidiaries Kidz-Med, Inc. and Heart Smart System, Inc.

    PLEASE NOTE OUR NEW ADDRESS:
    1112 Weston Rd.
    Unit 278
    Weston, FL 33326

  5. #5
    Junior Member MoNuke is on a distinguished road
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    Default Looks good to me

    I have saw a lot of people saying their newly aproved product won't sell because it cost too much, but I think it is a winner. If only 2 or 3% of the people that could use a Disintegrator buy one thats still big.

  6. #6
    Junior Member infinite is on a distinguished road
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    Default

    Quote Originally Posted by MoNuke View Post
    I have saw a lot of people saying their newly aproved product won't sell because it cost too much, but I think it is a winner. If only 2 or 3% of the people that could use a Disintegrator buy one thats still big.
    I think they still do not have the patent for it....You know the Chineese could come up with a very similar product real cheap......

    How are u guys doing on this ?........green or red ?........long term or short ?

    I was green and could have sold out, but......didn't.......Now i'm in Red !!!

  7. #7
    Moderator DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader's Avatar
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    Default

    Quote Originally Posted by infinite View Post
    I think they still do not have the patent for it....You know the Chineese could come up with a very similar product real cheap......

    How are u guys doing on this ?........green or red ?........long term or short ?

    I was green and could have sold out, but......didn't.......Now i'm in Red !!!
    For me this one is a pure speculative play. I bought 40K shares when it was in the .002 - .003 range because, from the research I've done, I believe that in the long run (provided the company can stay afloat) it has potential. If it ends up going under no biggie, I'm only out about 100 bucks. My usual trading strategy aside, I like to pick a few companies every year and make a spec. play (based on research, what the company does and the company itself, not my usual technical analysis style). I have a strict limit of $500 max. per year on these plays and so far this year (knock on wood) they are doing OK. My two plays for this year were ASFX and MFLI (Muscle Flex Inc.).
    "The only thing that interferes with my learning is my education." - Albert Einstein

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