ASTI is out of cash. A $750K quarter is inadequate. A refinancing is imminent. They did one without reporting it (at 50 cents). The Honig refinancing was done at $1.20 for Barry when the stock was $1.60. It crashed back to 70s after that debacle. A second thing is likely, this stock is in the hands of the operators again.
I still think they take it lower, load up, and dump starting a $1.20. The secondary should bring it down for the next P&D.
Finally, an intelligent comment. While I don't agree with the sentiment to sell, I see where you are coming from. I live in Colorado, so I'm rooting for this company (though the China factory is kind of a bummer). Thank you for your analysis.
and ASTI has to front load the China factory with $1M that they can't spare. Still I expect a dip and sharp move up, hence the sell sentiment first. It is possible they loaded up in the 70s but I doubt it.