Ascent Solar Technologies Inc (ASTI)

[StockBull]

You know what, you are right. I guess if you buy in around the .014's and flip for .015 or .016, then you can make a profit. What kind of profit is that though, and is it worth the risk?

Risk outweighs reward here by a long shot. At this point, buying low and selling high is a poor strategy, because no one truly knows what low is. People are afraid to touch this, and I don't blame them. Even shareholders who have been royally screwed know that it's not worth averaging down on a falling knife like ASTI.

Volume has been drying up here lately, 2.1 million yesterday, and 2.7 mil so far today. Looks like they are taking a break and figuring out a new strategy for dilution. They don't want to dilute too much at one time, because then it will go sub-penny, and then watch out.

Tomorrow is Friday, a notorious day for selling, maybe a new 52wk low then? If not, then next week for sure. All this IMO, of course.