Latest News

Co. Reaches Long-Awaited Milestone

March 27, 2023 ( Newswire) Chris Temple of The National Investor takes a look at recent updates from Airtest Technologies to tell you whether he believes it is a good time to buy.

In the last issue, I suggested I’m in a holding pattern for the most part when it comes to making our portfolio mix even more bearish-oriented; something I still think is coming. And yesterday was a good example of why I’m hesitating. The breakout vs. fake out “debate” remains tilted – remarkably – in favor of the former.

And that is despite interest rates surging anew … the dollar’s rebound … still-hot inflation … and the idea that the Fed’s so-called “terminal rate” may be closer to 6% than to 5% by summer time or so. With an assist to Atlanta Fed President Bostic (who yesterday charged the bulls up anew by suggesting he thinks 25 bps hikes are appropriate; not 50 bps as a couple of his colleagues have suggested) the stock market yesterday logged an important technical day.

This was an “outside day.” That means, both the low and high for the day on the S&P 500 exceeded the marks of Wednesday, with the close likewise above Wednesday’s high. Often times that marks a change of direction, at least near-term: and notably now, as the trend line I have highlighted several times in recent days holds.

A few months back, I discussed the arguments some of the bulls are making today, in comparing the present days with the inflationary 1970s. From their bear market bottom in 1974, stocks more than doubled even as inflation perked up and interest rates were belatedly raised.

This era, though, had commodities going up at a FAR faster rate than the broad stock market, the fun for both ending only after Paul Volcker sent rate increases into overdrive.

Granted, in the summer of 1974 stocks were fundamentally cheap; quite unlike today. Then again, central banks back then hadn’t yet discovered Quantitative Easing, as today, adding zillions of dollars of liquidity to the mix, often rendering fundamentals fairly meaningless. Especially when you consider what I pointed out about Japan last issue (and more on that is coming next issue) it shouldn’t be a shock that stocks have continued to do better than some of us thought would be the case. And this all bears watching, as some chatter is cropping up that the Fed is about to lose control of things yet again.

My recent “giving up” on a couple more chronic laggards is happily being outweighed by nascent comebacks elsewhere for good companies finally realizing long-awaited milestones:


The share price for ATI AirTest Technologies Inc. (AAT:TSX.V; AATGF:OTC). has been rebounding a bit, but as THIS WEEK’S NEWS suggests (and as I discussed recently in another update) business is going to be even more so roaring higher.

In addition to getting the long-awaited official “blessing” for subsidized installation of its IAQEye(TM) Demand Control Ventilation (DCV) solution in shopping malls in (to start) Ontario, Canada, the company is also seeking the same “Good Housekeeping Seal of Approval” in California as THIS NEWS from Feb. 21 reports.

This is another huge potential market for AirTest and–especially with the potential added subsidy here as well–makes the company’s energy-saving offerings a no-brainer.

If the company can keep up with what seems likely to be much more brisk demand for its offerings, it seems that the healthy quarter-over-quarter revenue that should ensue will foster a continuation in the share price rebound.


1) Chris Temple: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: ATI AirTest Technologies Inc. I personally am, or members of my immediate household or family are, paid by the following companies mentioned in this article: None. My company currently has a financial relationship with the following companies mentioned in this article: None.

I determined which companies would be included in this article based on my research and understanding of the sector.

2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports:None. Click here for important disclosures about sponsor fees. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with: ATI AirTest Technologies Inc. Please click here for more information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.

4) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services, or securities of any company mentioned on Streetwise Reports.

5) From time to time, Streetwise Reports LLC and its directors, officers, employees, or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in the securities mentioned. Directors, officers, employees, or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of ATI AirTest Technologies Inc., a company mentioned in this article.

More Info:

This news is published on the Newswire – a global digital news source for investors and business leaders

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: Learn more about publishing your news release and our other news services on the newswire and

Global investors must adhere to regulations of each country. Please read privacy policy:

What's your reaction?

In Love
Not Sure

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:Latest News