Ascent Solar Technologies Inc (ASTI)

[observer21]

The herd mentality here is jaw dropping. Somebody gave them a whole 1.1 million dollars in exchange for convertible stock at a price lower than yesterday's close. It shoots up and you people think that they're not going to exchange it and sell it? This is the quintessential death spiral funding that all desperate companies are relegated/resigned to. I hope ASTI can someday get a portfolio of products together to become profitable but some of what they offer, the Chinese have been offering for many years. I get it that most bulls here are just playing the game. But some people don't know the game being played and they will lose money getting in late. Here's hoping asti eventually gets the breakthrough they need to get back on their feet. They just might someday.