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Ascent Solar Technologies, Inc. Message Board

  • grgsvll grgsvll May 21, 2013 12:28 PM Flag

    ignoring just one poster sure cleans up this board, eh californialots?

    Your ten straight pumps should be a loud exclamation point that it is time to sell. Bye-bye. They have no revenues, yet alone income. A penny stock with no value. However, the solar pump, which is now dying fast in those other solars that started this....spwr and solarcity.....carried over here. We thankyou for that as we hit the door.

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    • Seriously. This company has enough cash left for another quarter, maybe 2 at most. Then they have to take or more debt or dilute shares. It is selling at a Price to Sales ratio approaching 50.

      Congrats to all those who made money on this, but the people buying now are likely to be hurt.

      • 1 Reply to gantor50
      • nice to see someone else out there gets it. However, there is and was money to be made here short term. It has been pumped away with all the money chasing solar right now. they are in the midst of exiting though as we look at the stocks that started it. Of course, those stocks have a good reason to have popped, getting huge financing from Goldman Sachs, very large sales contracts, etcc.... Just goes to show there are lots of gamblers out there. They do not even look at fundamentals and know nothing of who or what asti is......

 
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