Ascent Solar Technologies Inc (ASTI)

[Dank02]

Yeah the chart makes it look not so bad. that it's ready to rise. when you find out the truth , that it's a manipulated chart that doesn't show a loss of 95% (1/20 reverse split) along the way. plus are planning on another loss of 23% shaved off your investment by increasing the shares in 3 weeks. on top of that they are losing millions each year in running their business.
how do you put a positive spin on this?
yes there maybe a pop at some point. all pennies do, to get more bagholders.
if your long, you probably lost most of your money already. if you're trading it, you have to have impeccable timing.
the most recent rise was due to a stock conversion which means that since the split they went from 17m shares to 70m in, what 3 months? then within days converted more to add to the 70m. what is the current outstanding shares? if they are honest with their numbers we will find out next week.
but they have been selling product at a deep discount and came out with a new line of products. so they have lost a lot of money in the last quarter along with the massive dilution.
there may be a positive spin that they sold the most product ever this quarter but when you look at the numbers it will also show they spent the most amount as well this last quarter