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No one is making money with the price hovering at this mark. Why the dumps in the morning!? Who would drive the price down just to keep it here or lower!? This is not natural trading by any means, and there’s definitely something up. Is the company going to do a share buy back, or retirement of shares? Holding the price down can only last for so long.
Well can’t go much lower. I Just keep averaging down until I’m close to even. Still a ways to go, but any decent movement up will bring me positive!!! There will be a reversal soon enough, just waiting patiently GLTA
Looks like we are heading back to .002s. I will wait till then to enter again. Should have sold at .007s a week ago, but sold at .004. With no news about the RS, and no news at all is bringing this back down. I haven’t given up on ASTI, but I’m not going to bleed out and hold. GLTA
Ticker symbol change tomorrow!!!!! Stuff is happening behind the scenes!!! This should change the price in a positive way. Hopefully some PR to go along with it.
And before we know it, it will reverse and take off. Sucks seeing it get dumped so hard, but it will come to an end. Green soon enough back over $5
Loading up, averaging down this week. I’ll take any under $4. It wouldn’t take much to become positive once my average is down future. Is what it is. GLTA
TubeSolar stock went up 5% Friday. Loos like they are showcasing their crop solar tubes. Hopefully this sets up ASTI for some news this week.
https://tubesolar.de/en/the-future-of-photovoltaics/
https://markets.businessinsider.com/stocks/tubesolar-stock?op=1
Whole EV market down today. Everything red today. Tomorrow should be a better day. Buying more to average down further
Not a bad day of trading. Green 3 days in a row, must be something in the works to prop it back up. If we get to .013 I will be shocked and delighted. That’s the point the RS was first mentioned, and will be a huge push to bring The RS to 1:1000, or cancel it and buy back shares. I’m not sure if that’s a possibility, but I sure hope this will be a wake up call for the company to get thing in order for a better longevity of the company. It’s a bad idea to scare off all small investors off with 1:5000 RS IMO.
Going up on After Hours trading. Hopefully it’s the first sign of heading north
Interesting how the price is being manipulated so much. Last day to run it down before NASDAQ compliance happens. Tomorrow will be exciting
Glad I bought back in when I did. I thought would have gone lower, but I’m happy to be wrong. Got back all my shares and am willing to ride this for a bit. Hopefully there is some positive news before this RS happens. GLTA
This is a BUY THE DIP moment if I’ve ever seen one IMO. Time for short term gains!
I dropped 10k more into this stock to bring my average to 5.20. Even though I’m down some, I see where this is going in the short term. Tomorrow and Friday will provide my information to be right. Get it while the price is manipulated down. Should pop up quickly. GLTA
I could see a after RS price of $12 per share. Puts us right at the .0024 we are at. Let’s see how this goes
Needs some news from the company right about now. Everyone is selling and taking a tax loss, and it will continue until Friday. I’m buying lower if it hits my target, but I would be also fine with what I’ve already have given news.
Need some MMs buying tomorrow. Hope this hits $7 ish Wednesday
1:15 RS
I believe next week we should hear something about it. If and when I imagine.
That’s my plan also. I did grab some at a discount already, just incase something miraculous happens before the split. I Rather cover my bases and risk a little at this price point, then to miss a run
Ok is .0029 going to be our bottom!? At leases until further information I imagine. Hopefully the company does a 180 on the RS to make it attractive for new investors, and or a share buy back. Buy back by the company will send this stock parabolic. Hopefully we know what’s going on by EOY
What’s the projections for the price once new ticker on the 30th? $7-9? Anything on the horizon as far as new contracts?
Couple mill. I would be comfortable with 10 going through the RS, but I’m not willing to drop that much into it with out more insite on the companies true plan going forward
I jumped back in @ .0029 to get some skin back in the game. 1/3 of the price I sold at once RS was announced. I’ll be cautious with adding more. I have buys in at low levels just incase it dumps further. I’ll ride out until I see any issues moving forward. I still have hope this will be a beneficial investment based on the company’s infrastructure investments this year.
Duloution after the RS is worrisome, but it’s not announced “yet” per company PR. Hopefully all this negative light from the RS announcement forces a change In Course for a better acceptable outcome for us small investors.
GLTA
Copied from another post. Trying to Make sense of this RS. I’m afraid of dilution after the RS to bring share count to 100m
For those that are struggling with the implications of the R/S, try to follow along. Straight from the definitive 14C:
"• 13,000,000,000 shares of Common Stock ... currently owned by Crowdex;
• Up to 24,000,000,000 ... owned by TubeSolar;
• Up to 2,500,000,000 .. convertible note currently owned by Crowdex;
• Up to 99,000,000,000 ... convertible notes currently owned by BD 1.
• Up to 5,000,000,000 ... convertible notes currently owned by another private investor."
13B + 24B + 2.5B + 99B + 5B + 21B (OS shares before recent partial conversion) = 164.5B common shares outstanding
/ 5000 R/S = 32.9M shares.
Market Cap? - What do you think the company is worth?
$100M
? $3.04/share
$200M
? $6.08/share
$500M
? $15.20/share
$2B
??? $60.79/share
Have you calculated your post R/S share price yet where you break even? What happens when they also issue more shares after R/S? If you don't think they'll do it, then why 500M A/S after R/S?
Well if they end up doing a 1:5000 RS, you would just multiply the price that day by 5000. For example ( .004 X 5000 =$20.00).
No. RS once announced, will still have to approved with term and date for it set
Well going to open with .0034 and hit .0028 some time tomorrow IMO. This sucks.
I had to sell as well. I see it going down unfortunately from here. I’m a firm believer in the company, but just can’t keep taking a loss. I’ll buy back when my target hits.
So will the 20th be the when the RS is implemented, or will it be pushed to 2022?
So let’s do some simple math, “ RS to bring Common Stock from 30 billion to 500 million shares”.
So 30,000,000,000 divided by 500,000,000 would bring and RS of 1:60
Now if we have a 1:5000 split as stated, would bring us to 6,000,000 shares after RS
Now if as the filing states 500,000,000 shares after RS, that would mean at a 1:5000 RS we would have a total number of common shares at 2.5trillion before the 1:5000 RS to bring it to the 500,000,000 shares
(500,000,000 x 5,000= 2,500,000,000,000)
Is that why the conversion of billions of shares right now!? Adding to the total common shares to bring up the share count before the 1:5000 RS
I’m not sure if I’m understanding this correctly with how the shares are structured, so please correct me if I’m wrong.
This information statement (this “Information Statement”) is being furnished on or about November 29, 2021 to the holders of record of the issued and outstanding shares of common stock, par value $0.0001 per share (“Common Stock”), of Ascent Solar Technologies, Inc., a Delaware corporation (the “Company,” “we”, “our” or “us”), as of November 19, 2021 (the “Record Date”), in connection with the approval of an amendment to the Company’s Certificate of Incorporation, in substantially the form attached hereto as Appendix A (the “Amendment”), to effect (i) a reverse stock split (the “Reverse Stock Split”) of the Common Stock at a ratio of between 1-for-1,000 and 1-for-10,000, with the ratio within such range to be determined by the Board of Directors of the Company (the “Board”) in its sole discretion and (ii) a reduction in the number of authorized shares of Common Stock from 30 billion to 500 million shares of Common Stock in connection with the Reverse Stock Split (the “Authorized Share Reduction”).
It’s nice to see green, but It looks like it will be dumped again be fore the close for the weekend. Idk where we will be after RS. Hanging on, but looking bleak for the short term
It was a planed attack across the board. Many cryptos were dumped all at the same time to kill as many long positions as positive. Who ever was part of this planed attack, made tons of money. Big dump group!! I’ve seen it happen many times already. Wild West out here
Well I took a gamble and bought some today. 0.0001 seams like an easy entry point. Not sure on the history, but the volume could easily get it to .0003 off any positive news. Either way, gamble it is!
Just reading the filing about reasons why they left it open for the 1:1000-1:10000. They know price was going to be affected by filing, so the want to be able to maintain the price point after RS for up listing. I think it will drop more Monday, unless great news hits. This is not what I was expecting for the RS :(
1:10000 x $0.001 = $10 per share. 1:10000 x $0.0001 = $1 per share after RS. That’s what I see at this point. That’s why the 1000-10000. I bet $0.0004-.0007 is the target
Well I know why the left it open ended for the 1:1000-1:10000. They are anticipating a drop in pps, so they can adjust the ratio of RS to account for NASDQ listing price needed. $0.001 here we come :(
Well this News sounds a little better from ASTI website
https://www.ascentsolar.com/ir-asti-news-page.html
I believe no sooner then 30 days after filling. I bet there will be some good news right before open tomorrow to counteract this shocking RS amount
Well once this RS is complete, do you think we will be positive from our current price( after split times added)?