just searched on goog 20mil is mkt cap shares out is 9.8mil not that hard to get 30 to 50 mil mkt cap up in less than a days trade! Barons expects 117 mkt cap
You know this Acent solar company has some huge sales this year with US govenrment on this solar power back pack thing! They sold over 10 mil solar backpacks
Sentiment: Strong Buy
Because otterbox does about $1B in revenue per year...
How does that make any sense?
I'm glad they did the 1-10 split. They'll be able to raise money now with minimal dilution. The stock is worth at least $5/share right now.
Looks like the steady decline back to sub buck is starting. R/S is a dream come true for shorts. Add that to posting loss after loss and there is little to speculate here as to where this is going. Down over a penny pre R/S.
pre market will tell the tale! insiders will be selling or buying! does ASTI want a higher entry position? does ASTI just want to comply to the 7 day $1 trade? 10 x 21.42 mkt cap = 214.20 divided by 98 the shares out =2.18 per share. most trades like this will do higher 3 to 4 RS before there stable, examples NBG JASO. NBG created 3.5 bil shares out from insider sales after every RS. Jaso just multiplied there mkt cap by 30 that was 1 for 30 rs at the time. For ASTI to trade at there actual most recent .pst week of 35 cents per share then they have to trade at $3.50 the mkt cap woul need to reach 343 mil it will open at 214.20 mil
See this crashing to below 10 cent a shares soon you been wan warn warn
This is my experience having own so so many stock that did reverse split my stock that i did own crashing 50 percent or more after the splits p;robably will happen here also .a revrse stock split is probably the worst thing to happen to a stock. I rather sell now than loss more money money aftyer revese stock split .a reverse stock split is probably could be the end of a compasny
they burn you every single time, NY , nasdq, your only shot is on the OTC, we're just luck they didn't file chapter 11 where you loose every cent, here we just get screwed.
I seen too many of stuff in the biotech world. Some of the sentiments here are spot on.
So the r/s happened, everyone rejoiced, but after awhile the shorts see more ground to the bottom to push and off she goes, another 15% negative easily before finding some traction, the long/announcement push it back up to break even now at pre-split, but then the shorts go back to work and down again she goes. The only way to undo all of this, is the fundamentals of the company changes.
I am looking to pick some up, but thank to the r/s announcement, I won't and stay out and maybe 1000 shares post-split at under $1.50/share.
PLWY looks set to cross the .20 threshold after management announces the acquisition of 100% of Idea WebCatcher Holdings, Inc. Traders make their move
the first thing that happens is a sharp fall in price, next you figure how far ,how much, the price has to go just to break even, and the stock could very well still decline, nothing says it will go up,.....for now we're screwed big time.