Thought it would go much lower, but people are buying because ASTI is cheap & Media is increasing_Swing to be Safe.
Sentiment: Strong Buy
If Market manipulators let it run for a month Asti will land in the mid .50's. Too bad they don't let it get to $1 which they easily could if TFG & IR don't dump shares. ASTI_Swing/ Day Trade for profit & safety.
That will most likely be a vapor product and a non issue. They're more pressing concerns near term.
Spike .44-.48, drop .31 or less. I think next week will be buy time for a good quick run & drop to low .40's. Don't think it's going to make .50. Swing or Day Trade ONLY anymore to be SAFE. ASTI ruined it's long term investment appeal. ASTI should have hit .75 in June, but didn't. Now think .47-.48 will be it. After twin peaks it seems to keep going down for 2 mo. which is Sept. Peaks were June & July. Or it just keeps going down longer until R/S. ASTI doesn't care. Too bad.
with strong sales they can squeeze 8M into October at best Nov but this deal gives them only $1M/mo unless SP 0.52 then $1.7mo. With Q burn of $6M + this looks desperate
Unless sales are astronomical, cash will run out again in Sept with reverse imminent (dip into convertible bank) Warrant holders would love a pop above 52 c and that would infuse cash. However IR continues to sell as will new dividend holders. Warrant holders can also short risk free,,,guessing will not hold 30s unless transformative news...can rally sharply but will overhead quickly. For nimble traders only
TGF new loan with dilution. Think it will hold .30? Pop & drop. Sept doesn't look good. Might hit .20's. Now R/S seems unavoidable. Too bad. Definitely not looking out for shareholders_ASTI.
Dilution with warrants at 52 cents and stock dividends starting at 8%. Enough cash for another quarter unless they get money from warrants...Lee will put full court press on for a pop...swing trade eligible.
This will ruin any chance that ASTI has of catering to the cell phone recharge market! ...and it's only a few years away.
Press Release_Drilling commences (2 weeks after JV signed)_8-10 Wells @ 3-4 Wells / mo. starting Aug_Pad done before news hit press_Pipe to market in place_Debt reduction almost $6M (2.5M left)_Gas Sales Start early Nov._Overhead reduced 70%_JV made Q2 due by Aug 15_SAFE Investment_$3 value CEO says (owns 8M shares)_More shares / $1 now before Jump. IR is dumping shares again today_not any new interest_Dilution.
CSTU looks like a winner in my book. Im backing up the truck and loading up!
Do some DD on CSTU. I think with the right momentum we could soar past $1