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Ascent Solar Technologies Inc ASTI

Ascent Solar Technologies, Inc. is a solar technology company that manufactures and sells photovoltaic (PV) solar modules. Its technology provides renewable power solutions to production and specialty solar markets where traditional rigid solar panels are not suitable, including aerospace, agrivoltaics, and niche manufacturing/construction sectors. It designs and develops finished products to design and develop integrated solutions for products, such as satellites, spacecraft, airships, and fixed-wing unmanned aerial vehicles (UAVs). It is also engaged in developing its zinc oxysulfide process. The Company manufactures its products by affixing a thin Copper-Indium-Gallium-diSelenide (CIGS) layer to a plastic substrate using a large format, roll-to-roll process that permits it to fabricate its PV modules in an integrated sequential operation. The Company uses monolithic integration techniques, which enable it to form complete PV modules with back-end assembly of inter-cell connections.


NDAQ:ASTI - Post by User

Post by NewVisionon Apr 06, 2017 2:14am
325 Views
Post# 26084152

Bitter Sweet

Bitter SweetA thought to keep in mind regarding ASTI's stock history. There are literally hundreds, maybe thousands of investors that still have bundles of ASTI stocks they purchased a year or two ago when ASTI was really rolling. With today's volume it's a guarantee that those who painfully hung on to their shares would love to see a comeback and return on their ASTI holdings. I'll guess that as soon as ASTI even gets close to what they paid, many will dump out of shear frustration for having to wait so long..others will hang on for even a little profit, (maybe) even if just on principle alone on what they initially invested. This will make for a bumpy ride with ASTI going forward, no matter how "good" whatever upcoming news may be. Those that watched their share value dwindle will likely not want to reexperience the pain, I'm guessing, so will have itchy trigger fingers on the sell button. Those that jump aboard now, not having gone through ASTI's painful past journey, may indeed see ASTI as a long term investment, again, depending on the news, and may indeed become the biggest winners, when all is said and done and ASTI is able to finally reestablish itself as a "big board player" that it was just a couple of years ago. The upcoming news should reveal what vision Mr. Lee has for ASTI. He sure must've sold Boone on his vision with Boone handing him 20 mil. despite all of us knowing how debt ridden ASTI was and has continued to be as far as we know.
Bullboard Posts