Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I did the same…
Great news!
Companies ramping up production have increased expenses. New equipment, employee training, development, materials, etc… Increased staffing and continued expansion are the key indicators.
It helped some. I loaded so much more :)
It was just a matter of time. Low volume made it easy for the mm’s to play.
This stock, like most penny stocks, has strong runs and massive drops.
The difference here is that we have a proprietary tech, 80+ patents, verifiable contracts with massive companies, and we’ve been hiring like nothing I’ve seen in the past.
I’m hopeful for what I see in the next Q, but I’m almost certain of what this company will give us in the next year.
Let’s not forget that a few months ago they hired a financial controller with MUST HAVE national exchange experience and a short time after that they became current on all of the past due filings.
Big things are in the works...
The patents, the partners, the R&D, the recent sales, the gov’t agenda, the technology and the recent hiring frenzy.
What news are people actually selling on? ... I just keep buying ...
I just take advantage of weeks like this.
It’s sad that people are losing money, but you don’t lose until you sell and you don’t sell until the company gives you a reason to.
If you chose to sell based on information from more than a year ago, then you shouldn’t have purchased within the last year.
I agree, but to be honest, it’s all been good news in 2021.
Big Contrasts, current filings, largest delivery ever, new hirings, etc...
ASTI is now current, delivered the largest order they’ve ever had last month and is in a hiring frenzy.
ASTI is also trading below where is was a month ago before all of that was announced.
IMO this is 100% a smash and buy for the big boys. Hold and buy more on sale, but never sell without news. They make money off of your fear.
Admins can use someone else’s post for their sticky.
PERLMUTTER CONTINUES TO ADVOCATE FOR GREATER RESEARCH AND DEVELOPMENT OF WIND AND SOLAR TECHNOLOGIES
https://perlmutter.house.gov/news/documentsingle.aspx?DocumentID=4605
"Ascent as been working closely with Congressman Ed Perlmutter"
https://www.globenewswire.com/en/news-release/2021/03/29/2200554/0/en/Major-Boost-for-Thin-film-Solar-Research-and-Development-Funding-Included-in-FY2021-Appropriations-Package.html
Already done. Great post!
It’s the years of R&D that cost a lot of money and can crush a company. We’re now at the end of that phase and have emerged as one of the leaders.
You can see by the partnerships and affiliations that this company isn’t going anywhere. If it was, they wouldn’t have bothered to make it current and a billionaire investor wouldn’t be interested in wasting his time with it.
“Ascent’s PV module has been undergoing extensive evaluation for years, including protracted and demanding ground simulation test and, most recently, as a part of the 10th Materials International Space Station Experiment (MISSE-X) flight experiment aboard the International Space Station that was launched on November 17, 2018 for a duration of over 1 year. The upcoming LISA-T demonstration, part of NASA’s Pathfinder Technology Demonstrator 4 CubeSat slated for launch in 2022, will also include Ascent’s flexible CIGS as part of its further photovoltaic experiment.”
Anybody with a voice and a platform can move markets unfortunately.
The funny thing is, as they bash it - those same people will put in their buy orders and laugh at the others for selling...
Look at Bitcoin. Musk says something in a tweet that doesn’t change a thing and crushed its valuation. The weak sold, only to realize that institutional holdings were higher than ever during that drop.
Bottom line... Don’t fall for words without substance.
They selected ASTI, so it’s either NASA believes they have the best product or Bernd is a heavy gangster.
https://www.google.ca/amp/s/ca.finance.yahoo.com/amphtml/news/nasa-marshall-space-flight-center-110000905.html
Solar is the future and ASTI is being selected by agencies worldwide over all others to operate in the harshest elements, like space missions.
Space is just one segment of their business, but one space shuttle has a cost of $10B to build. If these are built by every international space agency and they need ASTI technology to compete, what the value?
ASTI has 80+ proprietary patents that are being adopted by the worlds leading agencies that are becoming reliant on solar.
Just one of those patents to the right buyer is worth the current valuation.
Imagine owning the patent to a gas powered engine in the early days. That might be a stretch, but it’s not off-base.
I have a hard time putting a value on proprietary technology that allows Solar panels to continue operating even when they get severely damaged, at the same time where world is adopting solar.
I added more too today. How can you sell on no news when the company is in a hiring frenzy?
I actually prefer to watch paint dry over the ridiculous swings that we use to have. It’s finally acting like the stable and strong stock that it is.
You can feel fairly confident now that within a few percent either way, this is a good time to get in and/or add to your position.
Anything is possible with news. It could drop or it could skyrocket, but when the company is in a hiring frenzy right now and adding multiple shifts in a day, I personally have no worries of a drop and I look forward to the skyrocket!
Job Postings on Indeed - All marked ‘Urgently Hiring’
Technician - Laser (Solar Manufacturing)
Ascent Solar Technologies, Inc
Urgently hiring
Quality Engineer (CQE/ASQ Certified)
Ascent Solar Technologies, Inc
Urgently hiring
Chemical Bath Deposition Process Technician (Night Shift)
Ascent Solar Technologies, Inc
Urgently hiring
CIGS Engineering Technician - Solar Industry
Ascent Solar Technologies, Inc
Urgently hiring
Metrology Engineer
Ascent Solar Technologies, Inc
Urgently hiring
Test Engineer (Solar Manufacturing)
Ascent Solar Technologies, Inc
Urgently hiring
Great find!
I think 2 cents was a floor. It didn’t even sink below that when it dropped in February and April, before they became current and news was released.
There is way too much momentum in the solar shift to break a company like this. New hires, new contracts, award winning patents, current filing status, etc ...
Anything is possible, but I think it’s highly unlikely that they will ever get below 2 cents again. I actually think there is more of a chance to break 5 cents in the next two weeks.
Thanks Carter...
We already hit very close to .10 with no real news.
I personally think we’ll get to .70 before a reverse split (10:1) to list on a major exchange and that’s when this blows up like the old ASTI days!
If this isn’t a substantial change since being purchased, I’m not sure what is.
We all want it to go from a penny stock to Tesla in 6 months, but it’s just not realistic.
The roadmap is in front of you. Either believe that ASTI will take you there or don’t, but keep your expectations in check while we follow the path.
Could have bought last year for .00025, could buy today for .025 (10,000%+ profit), or you could just wait until major news is realized and it’s .25.
It’s all provided in the DD and the recent posts. I actually doubled my holdings when I took the time to read it all. It’s a no brainer in my opinion.
It’s unrealistic to think that it’s going to do a full turnaround in a only a few months since it was purchased, but I’m incredibly pleased with the progress that’s been made.
With the patents they hold, the massive partnerships they have and the forward momentum (current financials, recent hirings and late stage trial data reports), it’s easy to see where this is going.
You can wait until it becomes even clearer, but it’ll just cost you more...
Thank you
Indeed Job Posting: Metrology Engineer
Ascent Solar Technologies, Inc
12300 Grant St, Thornton, CO
Urgently hiring
Full Job Description
METROLOGY ENGINEER
Ascent Solar Technologies, Inc. provides thin, flexible and tough solar solutions to a wide variety of end users in commercial, aerospace and consumer markets. We are looking for a highly motivated, hands-on and results oriented IV Test and Solar Metrology Engineer to join us in our Photovoltaic Division located in Thornton, Colorado. If you are interested in working for a fast-paced, results-oriented organization and making your mark in a rapidly growing industry, apply now.
Position Summary: As part of the Product Development Team, support manufacturing goals and drive improvements to QC testing at IV test and in the metrology laboratory.
Essential Job Functions
Provide support for the overall manufacturing team by suggesting appropriate testing and analyzing the test results
Troubleshoot equipment problems for IV test and metrology equipment
Perform Gauge studies and drive improvements to testing capability
Develop robust testing processes and procedures for in-line testing of key parameters
Specify test equipment for high-volume manufacturing
Coordinate activities with equipment vendors for spare parts, upgrades, and new tooling
Employ problem solving skills to analyze and improve the current measurement equipment
Identify continuous improvement opportunities while working with cross-functional teams; may organize and lead large improvement projects
Drive a culture of accountability and data-driven decision making processes
Work independently as well as in a team environment
Document Standard Operating Procedures (SOP)
Work with EHS personnel to ensure all standards are met in respect to x-ray equipment
Support the handling of hazardous waste material in accordance to federal, state and local regulations; maintain current training for the requirements of safe handling and proper disposal of any material deemed to be hazardous and the proper use of PPE for this activity
Basic Qualifications
Bachelor of Science degree in a relevant technical field, e.g. Electrical Engineering or Physics
At least two (2) year engineering work experience in a manufacturing environment supporting IV test and/or metrology equipment
Hands-on experience with various testing techniques, such as IV, CV, QE required; or IR imaging, PL, XRF, SEM, EDS, profilometry, and/or UV-Vis spectrometry
Experience providing analysis of results from different measurement techniques and making process recommendations based on the analysis
Effective time management and organizational skills to meet targeted deadlines and adapt to a fast changing production environment
Knowledge of solar cell, semiconductor device physics or electro-optical disciplines
Excellent verbal communication and interpersonal skills across all levels in the organization; including strong written communication skills
Successful implementation of improvement projects using structured problem solving methodologies
Willing to work a flexible and demanding schedule in a continuous production environment in support of multiple shift operations
Must be willing to travel outside of the US
Must be authorized to work in the US; sponsorship is not available
Preferred Qualifications
Master’s degree in relevant technical field
At least three (3) years engineering work experience in a manufacturing environment supporting IV test and/or metrology equipment
Project management experience specifying and implementing new measurement equipment
Experience managing calibration standards in compliance with IEC and ASTM standards
Ability to conduct Measurement System Analysis (MSA) and identify and implement improvements to metrology tools
Semiconductor, photovoltaic or electro-optical manufacturing experience
Demonstrated skills in application of Six Sigma and Lean principles
Experience with statistical analysis software, such as JMP or Minitab
Demonstrated ability to solve diverse and complex problems through a combination of experimentation, characterization, and analysis.
Experience with Design of Experiments, root cause failure analysis, and implementation of effective engineering solutions.
Six Sigma Greenbelt certification
Physical Demands and Work Environment
The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Physical Demands
While performing the essential functions of this job, the employee is occasionally required to walk; sit; use hands and finger, handle or feel objects, tools, or controls; reach with hands and arms; balance; stoop; climb; talk or hear. The employee must occasionally lift and/or move up to 50 lbs. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.
Work Environment
While performing the essential functions of this job, the employee is exposed to fluctuations in air temperature caused by equipment and/or outside weather
conditions prevalent at the time. The noise level in the manufacturing work environment is elevated, depending on location. The stress level in this position is considered moderate.
We offer a dynamic team-oriented work environment with a competitive benefits package including medical, dental, vision, life, STD, LTD and a generous 401(k) match.
We are an Equal Opportunity and Affirmative Action Employer, Gender/Minority/Veteran/Disability.
Job Type: Full-time
Pay: $55,000.00 - $70,000.00 per year
Benefits:
401(k)
401(k) matching
Dental insurance
Health insurance
Paid time off
Vision insurance
Schedule:
8 hour shift
Monday to Friday
Work Location:
One location
Work Remotely:
No
See Dr. Penny Stocks pinned post above for everything that Bernt owns and the percentages.
Execution is key. Agreed.
The company was just purchased late last year in the midst of a global pandemic and are still making strides. Debt restructuring, new hirings, SEC filings and a lot of news has already come out without them even being current.
I’m sure this guy did his DD before buying. If he was in it for a quick buck he would have already made a huge profit and left. Instead, there’s a bigger plan...
Hold strong!
I tried to explain my justification for the market cap, but to each their own.
Ascent Solar holds award-winning proprietary, patented technology that is being used by JAXA, NASA and many other prominent government agencies, in the early stages of global solar adoption.
ASTI has a turn key production line with 15 years of product development and R&D. This allows them to be in a position of strength today.
To top it off, they were recently purchased by a billionaire in Europe that owns another successful solar company and inevitably has massive connections that will need solar in the future.
Since purchasing, ASTI has hired a financial controller with MUST HAVE National Exchange experience, and in just a few months, has provided several SEC filings. They are now just a couple of filings away from being current.
It’s hard to put a “value” on the company solely based on the current revenue, but imo it’s very easy to see where this is going and I believe not only is the market cap justifiable, it’s undervalued.
Investors that make money typically buy early and have patience. Don’t sell the dips and don’t FOMO, just hodl. In a couple of years you’ll be very happy I think!
They’re a leader in an industry that is the future of our world.
ASTI is currently working with huge government agencies around the world and hold over 80 U.S. and International patents.
When you start R&D 15 years before the world is ready to adopt it, that costs money. We’re now in 2021 and all you hear about is solar and fuel cell energy. The time is now.
The latest news, recent hirings, job postings and rushed filings should give you some indication where it’s going. A billionaire that owns another solar company in Germany didn’t just buy this for fun.
This isn’t financial advice, but value goes far deeper than current revenue. There is value in 15 years of R&D, there’s value in the testing of its products by government agencies internationally, there’s value in 80+ patents, there’s value in the chattels, etc...
Jump in now with whatever you can afford and come back in 2 years to check your account. The only reason not to buy ASTI is if you believe that we are not moving to solar technology.
Thank you for the great DD!
Between March 5th and April 9th they’ve hired a financial controller, filed 3 x 10Q’s and 1 x 8K.
If you don’t think they’re working fast to get caught up, you’re not looking very hard.
Look at the DD. Big things are in the works!