Savvy Trades and Investments

[larrybaz]

ASTC should be the poster child for overpromise and underdeliver. You have to give them credit, though, for raising a boatload of cash during the euphoria. I'm still holding a position. Call me Mr. Gullible.

My bright idea would be to use that cash to acquire a profitable company and sell their technology to anyone willing to buy it.

I've seen these reverse splitters go either way right after the split. Lately it seems like they have been going southbound. They usually don't have premier balance sheets like ASTC, though.