Good news for all the solar companies out there.
Some SCTY stats:
2.08 Market cap
-61M Net income!
3.25B Debt !!!
Great news for ASTI !!!
Has Alex been working the ONVO board as a short starting over 2 years ago, warning of the inevitable collapse?
Did one2mark just show up a month ago?
Who has more credibility here? Alex or one2mark?
LOL ... succinctly stated.
And don't forget we should call the SEC too ... because certainly anytime the stock goes against us it's manipulation.
Doesn't even matter if your shares are being lent ... a sand castle is a castle made of sand no matter if it's white sand or brown sand the tide doesn't care.
Not "the same"...like you say...Goal Zero is using crystalline panels. Ascent charging products probably selling about as well as Goal Zero (at least judging by current amazon sales ranks). On the other hand Anker is crushing them both. Anker is clearly dominating (at least inferring by amazon sales) but their panels don't appear to be flexible. Flexibility has great utility in certain applications but doesn't seem like it matters enough to the person buying gadget chargers.
Those are stock options. They just gifted themselves some shares. But along the way, Lee's other company in China TFG Radiant, has bought a lot of ASTI stock. Hard to say exactly whether it's really his money. My guess is he has some investors that have paid for it. I think the last time TFG bought some was at $1 pre-split.
5x Sales for ASTI would be $30M or something in neighborhood of $1.50 per share.
except they do it better, smarter, faster and cheaper
"Either you hate this company or are making money to try to drive the stock price down"
Oh, there're other possiblities...inlcuding that he genuinely thinks management stinks. And if stock performance is any indication, he's right about VVUS and ARNA too.
The only thing you might cry foul about management's guidance for the 2nd half last year. They fell short of what they said they were going to make by what, 50%? That was pretty ugly and if they come and say oh, we're doing to do $5M second half of 2016 it will be hard to believe.
BLOCK B, FOURTH FLOOR, BUILDING B
STREET 2: NO. 1 BINLANG ROAD, FUITAN FTZ
Last purchase made by TFG was 7/6/2015. My guess is that Lee created this entity in China to get Chinese investor money...has helped fund Ascent along the road to ...success/failure? We'll see...hahaha
ONVO is finished if market doesn't get some legs soon....hahaha ...
rremember.."sell in May" (works more often than not)
Probably because it's not timely info. This was out as early as June 1. That's when Men's Health is published. If you had some inside info you probably knew about it a few days prior. I wouldn't be suprised if that was the reason for the little runup at the end of May.
I think it's actually a big deal. They are right along side some huge brands in MH's best hiking gear. Congrats to them.
Still, massive cost cutting needs to implemented for Ascent to survive. Or, needs a buyout or go private.
That's the same blase attitude many took toward the sub-prime indusy...
"capitalism at it's best" they said ...
The politics will take time to play out and have repurcussions for the industry ...
but it creates uncertainty and scepticism ...
Remember, buy the rumor sell the news