Check out the ASTI charts on http://TechnicalBreakout.com/
This is a very significant technical breakout. I can't imagine being short ASTI at this point.
Stock prices are not physical objects. Inertia does not affect them. There is no such thing as momentum when it comes to stock prices. Prices rise when new buyers are willing to bid them up. Prices fall when those who own the stock decide they have better uses for the money selling the stock will get them. If no one buys and no one sells the price does not change.
Now, the question is this, if no one comes into the market to bid up the price will you hold or sell? If you don't have any shares will you try to borrow some to short them? I can't remember if there are 2 million shares left in the float or only 1 million but the question is do you feel like pretending to be "Mr. Gravity". Well punk, do you feel lucky? Do you?
Jeff, do you see the same thing I am seeing in the charts? Looks like a big diagonal forming between the upper Bollinger and the 50 day DMA. It got very pronounced this week. As we both know, this is a very bullish signal typically.