SHREVEPORT, La., March 27, 2006 (PRIMEZONE) -- StockPickReport.Com (IARD No. 119079, http://www.stockpickreport.com), rates ASAT Holdings (Nasdaq:ASTT), Select Sector SPDR-Energy (AMEX:XLE), Brocade (Nasdaq:BRCD) and BEA Systems (Nasdaq:BEAS).
StockPickReport provides unbiased stock ratings from registered investment advisors. StockPickReport offers subscription services for swing traders, day traders and penny stock traders. StockPickReport gives daily market commentary and features a member's area with information on over 12,000 stocks.
Important Stock rating Changes for Monday, March 27, 2006:
ASAT Holdings (Nasdaq:ASTT) -- BUY
http://www.stockpickreport.com/abrating.php?sym=ASTT
Select Sector SPDR-Energy (AMEX:XLE) -- BUY
http://www.stockpickreport.com/abrating.php?sym=XLE
Brocade (Nasdaq:BRCD) -- STRONG SELL
http://www.stockpickreport.com/abrating.php?sym=BRCD
BEA Systems (Nasdaq:BEAS) -- WEAK BUY
http://www.stockpickreport.com/abrating.php?sym=BEAS
StockPickReport Commentary -- March 27, 2006
ASAT Holdings (Nasdaq:ASTT)
A stock which is on the absolute "polar opposite" side of the trading universe from Google is, ASAT Holdings (Nasdaq:ASTT). Yet, I think it deserves some coverage. I'm planning to buy some.
I first discussed ASTT in a video commentary on March 22. The stock has traded "sideways" since then. I believe ASTT is setting up for either a sharp move higher, or a sharp move lower. I do not believe the "sideways" trading will continue.
A stock like ASTT is a wonderful learning tool. It contains all the elements of a trading-lesson, except it's real life. The possible upside is 20% to 30% in a short time frame. The downside risk is the same. The stock is moving out on a limb.
"Calm before the storm" is how I would characterize ASTT at the moment. Watch my video and find out what I see behind the numbers with ASTT. My video is at http://www.donharrold.net/videos/astt032606.html
For more commentary go to: http://www.stockpickreport.com.
If the links above are not available, try these:
ASAT Holdings (Nasdaq:ASTT) -- BUY
http://www.donharrold.net/stocks/ASTT.php
Select Sector SPDR-Energy (AMEX:XLE) -- BUY
http://www.donharrold.net/stocks/XLE.php
Brocade Communications Systems Inc (Nasdaq:BRCD) -- STRONG SELL
http://www.donharrold.net/stocks/BRCD.php
BEA Systems Inc (Nasdaq:BEAS) -- WEAK BUY
http://www.donharrold.net/stocks/BEAS.php
All commentary is written by StockPickReport staff or contracted writers and analysts.
What These Ratings Mean: StockPickReport.Com ranks stocks with technical analysis. These ratings do not indicate a long term view. These ratings reflect an opinion for the short term. These ratings may change based on market conditions.
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