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I don't think that's media hype. It's one person's personal and profound epiphany, and an honest telling of how it made his appreciation for earth more profound. THAT was his point. Like people who experience hallucinogenics, OR stand at the rim of the Grand Canyon......
When you start to "grasp" HOW SMALL you, and all you know of IS SO SMALL in comparison to the cosmic order.....YES, IT IS VERY PROFOUND. THAT was what he was saying.
If I explained how I FELT doing things such as those, it doesn't mean I'm "hyping" them.
It's not really fair to misconstrue their personal assessment of their emotional state and dramatize it like it's something it really wasn't, saying it was only hype. I disagree with that.
I hear ya. I need $100.00 a share to get out of the hole and be "even".
Let's go!
All I know is I'm heading back into the job market soon, wages in my state are up, and I'm looking to push my 185 shares up to an even 1,000 at least.
As long as the market stinks for a while, all the better buying opportunities for me. "Toe in the door, on the bottom floor.
I'm not in a real big hurry for the stock price to rise. They are doing what they need to do. They will get where they need to go. I'm not hating the idea of having time to get a better seat for the ride ahead.
Aerospace industry is projected to be a MULTI-BILLION dollar industry.
The large established companies with shares in hundreds of dollars are WAY out of my price range. But plenty of new, and smaller players are coming up, and some will actually get their piece of the market, to be sure.
I like ASTI (and my power wave company) because they both have a niche product that touts more flexibility in its capabilities, allowing for more autonomy, and expanded uses of the product.
And if it tanks on the NASDAQ....BUY, BUY, BUY.
I'd MUCH rather gather shares at $3.50 a share, than $35.00 a share for a while. .....Come on fat contract!! I know you're out there. Just need ONE!
I'm not trading at all, and I'm nowhere NEAR "even" until we top $100.00 a share....so, I understand the traders aren't making 'squat' right now, but I'm playing the "patience" card on this one.
I debated for a long time about getting into the market at all. When the universe aligned "cash in hand" and a down market when covid first hit us, I took the plunge and bought my first stocks. The 52 week lows were great!
So far, everything ASTI is doing looks legit, even if the traders can't make a profit margin right now, and the product IS in consideration and whatnot for use in space. If ASTI lands a fat contract, all this dirt cheap opportunity for buying is reason to cheer, not bitch and scream....but that's just me.
Regardless of what the hold up is, if those of us that are hanging in for the long haul "really" think this stock will go somewhere "someday" then isn't the farting around really irrelevant in the big picture, and now is the super best time to just be stocking up on piles of shares before they actually DO get pricy??
I'm not at "even money" till shares hit $100.
I just did a quick Google search. It says that it can generally take 4 to 6 weeks to complete the uplisting process, but time frames can vary.
Patience Grasshopper....patience.
Feel free to enlighten us.
One can always hope!
Doesn't seem to make much sense to pile all the new employees onto a sinking ship. Progress is good. Profit is better...
Thank you.
The reverse split is done, and the stock symbol is back to ASTI.
So, when is the stock supposed to move OFF the OTC, ans on to a major exchange? Wasn't that the whole point of this exercise??
ANYBODY...??
Ya, I would MUCH rather have preferred to see a dollar sign, rather than the percent sign.....sigh.
WHEN is it supposed to actually get listed on NASDAQ and get off the OTC exchange, does anyone know?
So, what about them being chosen for the Momentus project?
Does everyone really think all that work will eventually go nowhere at all? Even Tesla stock was sucking dirt in the $30.00 range ONLY a few years ago. NOT denying the manipulation aspects of arguments put forth, but are they really HIRING all those people for a defunct company too? Thoughts anyone....?
I am wondering now that the r/s is complete, WHEN is the stock symbol moving off the OTC, and on to the NASDAQ exchange??
Thanks! I try.
I'm usually on my tablet going through the Yahoo and Google News headlines in the morning, and also in the evening before bed.
If I happen to run across anything I will be sure to post it here for all to see. Was pretty happy to find that article! ??
Whatever....I can't get link to copy and paste.
There is an article in yahoo finance about being selected by MOMENTUS. You will just have to find it.
Now that the RS is complete, I ran across this article dated today.
Hope it brings a happy trend up, up and away.....
I ran across this article on the RS last night before bed:
https://microcapdaily.com/ascent-solar-technologies-inc-otcmkts-asti-big-reversal-as-solar-pioneer-secures-favorable-funding-signs-major-supply-contract-looks-to-up-list-to-national-exchange/
.....Couldn't have said it better myself.
Yes, I read they decided at the 5000/1.
HMMMMM....Looks like a "big fat whole lot of nothing" going on around here. Is everyone just sitting on their thumbs, waiting for the doom & gloom of this upcoming RS to hammer some nails into some coffin lids on our portfolios?? .....Crickets be chirping.
Ya, sitting tight for a good while is the only way to go for now. I'm waiting for ASTI to be an asset to NASA in the long run, so that just takes times if it will happen. That's an investment, not a trading strategy, so I'm good as an observer and not a player for now. Besides, with covid still shaking it's ass in society circles, the economy, and the year's end, the market is just gonna basically SUCK IT all the way around right now anyway, whether we like it or not. It will be interesting to watch the frenzy break out on the 20th when the RS goes into effect. Considering the price I need to recover losses, I suspect I will be just sitting by with my popcorn, and watching the show! Should be a slamming good time!
I have managed to leverage my holdings up to a bit over $18,600 but it's currently sitting at a lousy market value of just over $3,770. So, no way am I selling anything for a loss that severe. STAY FIDO, STAY! Since the RS probably won't yield fat share price rises to break even on, I'm thinking maybe just hang in, and aquire more shares and keep packing them in at rock bottom NASDAQ prices. Not all bad I suppose. I know I'm not gonna reap ANY profits that way in the near future....but, if the NASA project pans out and all goes to plan, in WHAT way would I regret sitting on potentially several million shares in the long run if we get into the space race? At that point, I would only need a share to be worth 1 lousy dollar to still be a happy camper for life, RIGHT??
Granted ASTI is stinking BIG TIME for trading, but if I'm looking to camp here for a long, slow, 5 to 10 year "back burner project" anyway and just ride the ride, I don't feel I've taken a LOSS unless I actually cut & run. That may be naive, but I always bet "green zeros" on long shots anyway when at the table. Their odds are no less on than any other number...but they pay better, when they pay.
So....if it drops like a rock, and there is NO chance to sell for a "break-even" cost. It's basically at that point just a "ride it out and suffer scenario" unless or until the stock gains enough value to reach that "break-even" cost? Seems a bit "far fetched" to achieve at over $100.00 a share, especially without any updates on the LISA-T or any other space projects in the works lately.
Let me know if this is right or not:
920,456 SH @ .02025 = $18,639.23 (investment)
920,456 = 5,000 RS = 184 SH
$18,639.23 ÷ 184 SH = $101.30 PER SHARE - TO BREAK EVEN!!!
SO, SELLING ANY SHARES FOR UNDER $101.30 - TAKING A LOSS - YES???
IS THAT RIGHT??
I have a question:
I understand that in a split the conversion numbers change, but the value remains the same. (10 dimes OR $1.00 same thing)
My question is, WHAT PRICE per share is the conversion done at?
A pre-determined price per share, OR whatever the current market price is on the stock at the time of the split?
RIGHT! 2019...his batteries are blowing up on highways, he's smoking a joint on T.V., etc, and EVERYONE said he's was headed for bankruptcy and doom. Shares were bottoming out under $40.00!
I kept saying "if I only had the cash, I'd buy Tesla right now!"
Everybody i said that to though I was out of my bloody mind, to be sure. They looked at me like I had a 3rd eye in my head.
But....I checked his sales order statistics to see if, or how many people were backing out of their car orders or not.
NOBODY WAS CANCELING THEIR SALES ORDERS THAT WERE ON BACKLOG, AND MORE WERE COMING IN ALL THE TIME. HMMMMMM.......
My theory: by the time they get ALL those orders filled, they should have ALL the bugs worked out of their asses, and be on track.
Ta-da! AND WHERE IS TESLA AT NOW? And still making gains....
I was (against common thought) exactly right in my thinking.
I'm no frigging trading genius, but "behind the scenes" seems pretty solid and forward moving for ASTI. I'm underwater, so I will be hanging on long and not selling while in a major loss.
They will only go "belly up" OR go to space. My gut keeps telling me "way deep down" I'll be kicking myself if I don't grab more shares.
...just not seeing "floaty goldfish" in the future here.
BUT THAT'S JUST ME.
RIGHT! 2019...his batteries are blowing up on highways, he's smoking a joint on T.V., etc, and EVERYONE said he's was headed for bankruptcy and doom. Shares were bottoming out under $40.00!
I kept saying "if I only had the cash, I'd buy Tesla right now!"
Everybody i said that to though I was out of my bloody mind, to be sure. They looked at me like I had a 3rd eye in my head.
But....I checked his sales order statistics to see if, or how many people were backing out of their car orders or not.
NOBODY WAS CANCELING THEIR SALES ORDERS THAT WERE ON BACKLOG, AND MORE WERE COMING IN ALL THE TIME. HMMMMMM.......
My theory: by the time they get ALL those orders filled, they should have ALL the bugs worked out of their asses, and be on track.
Ta-da! AND WHERE IS TESLA AT NOW? And still making gains....
I was (against common thought) exactly right in my thinking.
I'm no frigging trading genius, but "behind the scenes" seems pretty solid and forward moving for ASTI. I'm underwater, so I will be hanging on long and not selling while in a major loss.
They will only go "belly up" OR go to space. My gut keeps telling me "way deep down" I'll be kicking myself if I don't grab more shares.
...just not seeing "floaty goldfish" in the future here.
BUT THAT'S JUST ME.
Ya, I've read up on splits a bit. Okay, I understand that struggling companies can do it out of desperation, trying to save their butts, before they fall into oblivion. I've already seen that first hand.
But on the flip side it's a NECESSARY thing to do if one IS doing well, and wants to move up into the major exchanges, YES??
I got wiped when my yingly green stock got absorbed by another corporation. And one of my pots stock recently uplisted and their share price is NOT doing anything impressive since then...sadly.
But ALL the speculation on numbers and shares aside on ASTI, it seems that IN THE LONG RUN this IS the way the stock SHOULD be headed, and for the right reasons. I can't see the point of getting this whole boat in order just to sink it outright. That makes no sense. All the hiring and progress "on the floor" don't hint towards failure in my mind, in any way. Seems legit. Since I'm not any kind of experienced trader I will just be riding out this entire event anyway - good or bad. The only "regret" I'm feeling at the moment is not having any cash handy to swoop up some more shares.
WAY DEEP DOWN.....MY GUT KEEPS TELLING MY "WE'RE GOING TO SPACE".
I'm sitting on just under a million shares, so even if they split @ 1,000 to1, I'm still holding shares, not wiped out.
And if I'm planning on camping on this stock long term, WHAT is the downside to panic about?
It seems the company is growing and doing everything it needs to be doing to go in the proper directions, so why is there SO much doom & gloom about this news? I'm confused.
Is it just the ones holding small amounts of shares that may not meet the conversion ratio that are grumbling?
Okay, without bashing me, could someone please explain WHY this RS & uplist is a bad thing. I don't know where to find the quarterly reports (I do read what's posted). I have never had anyone explain the overall concepts going on, and what makes "what" information pertinent, and how to convert numbers into understanding things overall. I read the words I see the numbers.....it's ALL hieroglyphics because I know not WHAT to glean out and HOW.
I read the "back & forth" of everyone else's thoughts, but I cannot form my own opinion because I can't process the information.
I don't want to be bashed for confessing my profound ignorance...what I want is for someone, anyone, everyone, to enlighten me to what's going on, and why it's good or bad, in simple layman's terms. I also gladly welcome any information, or links to find resources, and how to interpret the reports, etc. Thanks.
My T.D. Ameritrade account shows the same thing as well.
I would not be at all surprised if we get bombed with a $38.00 "restructuring fee" for the company doing it's thing.
I tossed a few dollars down this morning and put a few more shares into my portfolio. Happy me!
Hope you are not "catching a falling knife".....
Good luck with that.
I got a notice on IHSI from Ameritrade that they were being restricted to a "sell only" status.
The filings on IHSIMare delinquent.
Last time this happened, the restricted stuff plunged and never came back. THIS TIME, I dumped and ran. I'm outta this one for now!
I'm slightly ahead, not in a loss....I'm good.
If this trading channel gets any tighter it's going to squeak!