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Solid close.
Agreed. What would be awesome if it ran again before any news or filings then let the news and filings push it beyond 0.30
All i know is, I will take any stock with multiple green days at 30% or more with temporary dips and pull back between 3%-5% here and there. All with no news? Yeah no brainer here. Load and hold.
I think it's insane to sell at anything before news. You sell on normal movement and volume with no catalysts? I know everyone has a magic number and 101 million shares at 0.06 is still over 6 million on a $20k investment if they bought in at 0.0002. So can't blame them but still... selling knowing it's about to take off is bad call. We just kissed 0.09... the coming months will be interesting is all I can say. I think many will come to regret selling today.
VERY NICE!!!
Salute to you and good luck. I'm a tech guy and solve computer problems all day. Not as noble as paramedic out there saving lives but I did the same as you in 2015. Realized I needed to do more with the few dollars i could scrape together. Saw ASTI 2 years ago and picked it up along with 2 other tickers that later tanked. Same as you though... I Liked ASTI product and thought the same and could be a good investment. So I bought in. Glad I did.
I'm not a financial advisor either. I have only been investing for 6 years now. Not a pro but not new either. I have had my wins and losses. So from my experience doing DD, diversifying and not putting all your eggs in one basket will net you more gains than losses. Weird things happen in the market all the time. Just think this time last year... I would have thought you were smoking some high quality PCP to think ASTI would ever get above a penny lol
Amen to that. You and I need some of that after that PASO ride we were on.
He isn't wrong. So Approach it cautiously would be my advice. Minor downtrend and dips are normal. just be on the lookout for any major catalysts that may cause long term down trends. Just because it's May doesn't mean your stock regardless what ticker it is will tank. Just have to be cautious and vigilant and look for the signs. Every stock dips here and there and that is normal and natural. But if it starts dipping considerably or has little to no momentum for too long or both then something is up and one should look into it to find out what is going on.
You may dip some in May and June with slight gains in July and August and then vacation is over and it shoots back up in September. Then you're the person coming on here in September saying, "darn I sold at x amount wish I hadn't of done that" lol. So don't jump the gun and likewise don't stay complacent. May could come and ASTI spends the entire Summer going up 30% every month. You never really know.
So since nobody ever really knows what the market or a particular stock will do, it is good to set a magic number. A number that no matter how good a stock is doing is your number that you cash out and walk away.
I'm down with those numbers. Seems fair and logical and not too crazy. I was thinking anywhere between 0.50 to $1 it would/may happen. Let's just hope whenever it happens and if and when it happens it comes with some good news coupled with it before or shortly after the split. Splitting just to up list won't cut it in my book.
A reverse split basically doesn't change or impact you initial investment and gains. The Reverse Split itself isn't what hurts you as an investor. It is the reaction from all the other investors. 9 times out of 10 a reverse split is bad and is something a company/stock does when it is in a long downtrend. ASTI has been in a downtrend for years up until last October. So now a reverse split is to be the 1 time out of 10 where it is positive because the company wants to up list verse a company trying to stay listed. ASTI wants to split because it's in an uptrend and doing better. So they want to reverse split to up list and attract new investors.
Most investors won't even look twice at a penny stock. So if it's not on the NYSE, NASDAQ etc they won't even bother since the big boards require strict rules regulations to be part of the club.
Now the maths... so like I said your value does not change just the amount of shares you have. So if you have a 1:10 1:20 1:50 etc reverse split you take the amount of shares you own and divide that by the split number. So 10, 15 20, 25 or whatever. So if you had 100,000 shares before a 1:10 /1-for-10 reverse split and at the time of the split your 100,000 shares are trading at $1 per share as an example then after the split you now have 10,000 shares trading at $10. Which is equivalent if you had 100,000 shares trading at $1. The value doesn't change and your investment is still the same before the split. Your share count is just smaller.
Some might think they're getting ripped off but they aren't. But people 9 times out of 10 sell after a reverse split because as I mentioned before most stocks split because the are in a downtrend. So investors think "oh crap get out now because the stock is doing bad".
So whatever the split is it will reflect the same exact amount whether you have 1 share or 100 million shares. The split will reflect the same amount. A $20 bill is the same amount of twenty $1 bill's. The split itself isn't what causes investors to lose money. It is the reaction of the shareholders after a split that does. ASTI should not have that problem by the looks of things currently.
If ASTI is smart if and when they announce a reverse split they will give or should want to give good positive feedback with it. Filings, contracts growth opportunities etc. to justify the split. Because after the up list you need to give confidence to the new investors you're targeting so they invest. If not then you will be de-listed from the NASDAQ and back to the OTC pretty quick as your share price gradually declines because all you did was up list with nothing to back it up.
By the way I wrote all this for any newbies out there that may be confused. Hopefully all i wrote made sense. If not just know that ASTI is killing it right now and things are looking good. Load and hold.
What EMcent said. But to piggyback off of it you don't lose value immediately. So if you had 825,000 shares and there was a 1:10 reverse split at $1 that is 825,000 ÷ 10 = 82,500 shares and they would be worth $10 a piece. So you still have $825,000 since 82,500 is still $825,000.
In most cases a reverse split is bad. Most stocks reverse split in order to stay listed on the NYSE, DJIA, NASDAQ etc. However, in ASTI case a reverse split would be good because they would be up listing. Otherwise there would be no need to reverse split. But where you could lose value is immiedietly afte the split people sell and take profits which drives down the price which then freaks out long investors who think the stock is tanking and in turn sell their shares. Vicious cycle.
However that can be avoided if before reverse split ASTI lets investors know and say, "Hey reverse split is happening but it is for these good reasons xyz". Which they should. That would help mitigate a large sell off. Sure some people will sell regardless and there is no stopping it but with positive news backing the split on a big board investor's won't care and those selling shares will be bought up just as quickly as they were sold and the buyers outweigh the sellers causing a rise in the price.
If there is going to be a split it will be a 1:10 at $1 or 1:15 at 0.75, 1:20 at 0.50. Those seem like the only logical options. With that said, we don't know and ASTI could easily do a buy back (which would be preferred but not likely) and fund a buy back through future contracts, borrowing, and other revenue. That would let investors keep most if not all of their shares and wouldn't come with the negative stink of a reverse split. I think a reverse split is more likely but it wouldn't be bad news. What happens after the split and how the stock does is another question and one can only speculate.
Just have cd to wait and see but as an investor you ought to get out of your head that a reverse split is bad. usually it is but not always l. It all depends on the reasoning for the reverse split. In ASTI's case it is for good reasons if and when a reverse split happens. You don't lose value. You just have a smaller amount of shares worth more. So instead of 825,000 shares at $1 a piece you have 82,500 shares worth $10 a piece. Same value. Reverse Splits are just an accounting trick
Great close today. Correct me if I'm wrong but the HOD was 0.08 I think? Either way two days of being up 30% is pretty great. More to come I believe
Good luck to you too brother. I think we are headed for good things. Also salute to you for giving back. I give wherever I can when I can as well. This is a solid hold for me.
All I really know is, if you bought in between 0.0002-0.03 you should be happy right now. It's looking like it will only get better.
Yes sir! Flippers, shorts and profit takers are just the nature of the beast. They're like vulchers on a lions kill trying to peck at what little they can.
Doc has been great and we are all fortunate for his continued analysis. He has been able to call most of his day-to-day predictions in the ballpark if not dead-on. But if you are only looking day-to-day and not at least a couple months down the line you could miss out on some serious money. Everyone has their magic number and I wish everyone luck but 0.10, 0.15, 0.25 is all chump change in my opinion when you consider where this ticker will most likely go and be come April-May. I believe we are headed to dollar land soon enough. All we need is some positive news from the company with some filings and we are there.
That works in a pump scheme by reddit users for GME. What folks here need to know and realize this ticker is rising on it's own merits. Sure shorts and profit takers will do their thing the whole way on every run. That is expected. But they can't stop the stock from rising. ASTI is only going to go higher. No amount of short share dumping will change what is coming. Let the flippers and shorts get their crumbs. I'm still holding every share and bought a little more this morning. Every new high will come with profit takers. That is on them. I'm personally not after chump change like they are. Holding for real profits
Great day today ASTI. Keep on keeping you wild men and women.
Doc Penny is the true leader here. I just put in my 2 cents on how I see it. He brings in all the exceptional analysis.
Sheep investors are very real though lol. My wife has a friend whose husband bought into GME at $300 per share. I for one was jaw dropped when she told me but I laughed to myself and thought, "Sheep". He got sheared big time lol. However, ASTI is a different animal and the sheep we get will also benefit in the long run here. At least the hype that brought them in on ASTI is justified unlike GME.
Bro... you're straight up calling that 100%-to-200% you mentioned earlier. Salute and a standing ovation to you sir
Just a video of what ASTI is doing today
Just have to be patient. Last filing was released on the 29th. So it's barley been a week since then. Anything and everything is speculation until concrete news is released. My overall opinion is ASTI won't start really moving until Q2 so April. But that is just a guess. It could easily take off today or tomorrow or likewise tank. Just have to trust the DD and hope for the best. All signs point to good things ahead so just have to be patient.
Well expect a buy back or a reverse split at some point. Before that happens we should get some news as a heads up. Will we? Idk but that would be the professional thing to do. If a reverse split happens even if it's to up list you can bet there will be people dumping for profit immediately.
Hypothetically let's say a 1:10 reverse split happens and the next day at open the price is listed on the NASDAQ for $10. The guy who had 100,000 shares trading at 0.0whatever will sell his new 10,000 shares now worth $10 each immediately. So the price will gradually shrink. That should be expected. UNLESS ASTI does a reverse split with positive news and filings before or shortly after they do the split. Which would be smart if you want to get the attention of new investors and avoid huge sell-offs.
So I would like to think if a RS happens it would come in a PR that said something like, "We have listed our latest filings and are current as well as have contracts, partnerships, expansion or something with XYZ Company/companies. Therefore we feel it necessary to do a reverse split in order to lower the OS and issue new shares listed at x price in order to attract news investors."
But who knows? All speculation
If we went 2 months with no news then I don't think 0.10 is a realistic expectation. 0.02-0.04 would seem fair. I just don't believe it will take that long to get a filing/quarterly update or some type of news. It would be very uncharacteristic given the last 3-4 months. So I would be surprised if we didn't get something this month or the first week in March.
I hope we all do well here too. Same for those future investors that have not heard of ASTI yet. I hope they do well also.
With no news after FOMO dissipates I'd guess we hover in the 0.10-0.15 range. People that will get in on the FOMO won't be willing to sell so quick so they will hold. The DD alone(if they do it) will have them holding and loading just for the news.
ASTI is or has been good about news and filings since Q-4 last year. So I would expect something this month at some point but no later than the first week in March given their track record since October.
If we finish 0.10 by the end of the week expect FOMO to kick in that weekend and watch 0.15 the following Monday. At 0.10 the sheep investors come in. They won't know why and they won't care. They will just buy. After they buy they will do the DD and then buy more. It's science
I am thinking tomorrow's open will be in the 3's then dip shortly after due to profit takers and willgradually climb back up throughout the day. If a filing or positive PR is released tomorrow then expect a close in the 0.03's-to-0.05's.
Yeah I am seeing 0.03 but when I go to put an order in I get "NA" for a purchase price. So no bid price, while the amount next to my lot still show the close price Friday of 0.0254. So I am thinking tomorrow's open will be 0.032. Hard to tell what the ticker will do throughout the week without any new filings or news.
Word is getting out though. I am not on Stocktwits but I do check it out from time-to-time. I took a screen shot of the amount of people watching ASTI Friday night and it was 13,337. It is now as of writing this 13,813. It hasn't even been 48 hours and 476 more people are watching it. I would assume the same is happening across all message boards and ASTI is turning heads on Reddit, Yahoo, Twitter etc.
Check out the top 4 stickies at the top of the message board from Dr.Penny, PenniesToStacks and DipNRip. That will answer most if not all of your questions and concerns
I have been thinking the same exact thing last few weeks. This is very similar to the .Com bubble. Have to tread cautiously and know when to walk away through this one. No doubt the solar sector will continue to rise but let's not assume it will out perform other energy sectors like EV, Wind, Nuclear etc.
I am holding long on ASTI and will probably stick through a buy back or RS if and when it ever happens but after that I will be watching closely on when to jump out before the bubble pops.
That I can't tell you. You have to make that choice for yourself partner. ASTI is looking good is all I can say. I never recommended selling for a loss but some stocks only continue a downward trend. So one just has to outweigh the pros and cons and make the best informed decision with they can with the information and facts available. In my humble opinion ASTI won't really take off until Q2. So I believe you will have time to load more throughout February so long as good filings or good news does not happen. If a good filing or PR is released it will jump higher no doubt and these prices will be a thing of the past.
Hahahahaha. True. Have a great weekend Doc and I appreciate your continued analysis here. Keep up the good work.
Solid close. Better LOD and HOD today. We are doing great here folks. Everyone have a great weekend and we will do it some more Monday. CHEERS!!!
Probably not even good beer. Some Natty Light or Pabst Blue Ribbon. Maybe some Miller High Life for the most advanced short seller lol
Let's hope power hour is good to us to close out the week. Cheers everyone and good luck to all
Yeah don't. You may regret it if you do. Give it until at least Q2 and see where it's at, what the news is before you do anything would be my best advice. Good luck to you
Welcome and load and hold. You are holding a good one. Just be patient
It certainly appears that way. They aren't playing games. We will get there. Patients is all that is required.