I once scalped this company buying long and making a profit of a few cents per share.
When I saw that last year the CEO of the Company had an annual salary of 4 million
I realized something was wrong with this company.
(It is OK to use half the revenue of the company, you founded with your own patents,
for your yearly salary....... if that company is not a public company!)
Nobody can explain it. The stock is supposed to be around $2.0 per their own report on their website. It's time for the class actions. ASTI is a great opportunity for lawyers to make money.
unfortunately, they are diluting and it's killing the pps, and low float is not so low anymore. it's gotta hold .15 cents, or .........
Please. Do u really think anything could save this pos company? Lol, another dreamer. Why do u think the pps has been going straight down for months? Because bankruptcy looms idiot.
Sentiment: Strong Sell
Does ASTI have any competion for their Rugged Flexible Solar Chargers?
Seems like their lineup would be a good complement with a GoPro in the wild outdoors.
So this was no surprise as they gave guidance. They are now a bit more reliable as company. So the guidance of 10 mil for the whole year should become reality. In Q3 around 3 mil and in Q4 around 4 mil.
As they are financed in last months and remain in USA with lots of production capacity, costs can stay under control and higher margins should be reached.
Extra catalysts that can bring the PPS back higher : new products line and contract with bigger names (Go Pro, Apple,...) Without negative surprises we can go back to 2 USD a share by year end.
Encouraging. May be on track to turn this around. I would like to see them expand their product line and really expand their sales channels and maybe we're beginning to see that.