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Ascent Solar Technologies, Inc. Message Board

  • solarguru621 solarguru621 Aug 14, 2013 7:11 PM Flag

    direction depends

    on where the operators want it to go. There is no longer immediate need to support the stock as the next delisting threat is in 2014 (assuming 30 days under a buck). So, with the immediate good news out, why wouldn't they let it drop to the 50 cent range and load up before the next good news. Odds are they did not cover all the short sales from $1.50 to $1.20 and are waiting for it to break lower. Then the good news, if any, will become public. Still thinking it is a sell from here to the 50 cent area before a speculative, trading position buy signal.

    Sentiment: Sell

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