ASTI is our favorite Solar Play for 2012!
ASTI continues to outshine its competition and impress PennyStockCrowd more and more every trading session.
Shares of ASTI gained more than 30 percent following the announcement yesterday of a solar-powered charger for Samsung’s blockbuster Galaxy S III. The charger will be built into a protective case that also contains a battery. The company already offers a combo EnerPlex charger and case for the iPhone 4S.
ASTI is now up over 183% over the past three months and PennyStockCrowd believes the stock has plenty of room to run.
Here are the reasons why ASTI is PennyStockCrowd’s favorite Solar Play of 2012:
1. ASTI is trading at a new 52 high and showing consistent signs of strength and momentum.
2. ASTI has more cash then debt and a strong balance sheet.
3. The Company plans to change its business model to focus on consumer electronics instead of rooftop solar panels because of its highly competitive environment.
4. ASTI recently launched EnerPlex Solar Powered charger for Samsung Galaxy S III. EnerPlex for Galaxy S III to follow successful debut of EnerPlex for iPhone.
We believe ASTI made a wise decision to pursue the solar consumer electronics business and move away from the solar rooftop industry. The stock is trading at 2.09 up .48 cents today (up over 20%).
All eyes seem to already be on this solar company! We encourage our members to keep ASTI on your watch list!
Interesting reading from Sammy Pollack about ASTI from Seeking Alpha can be read here: 3 Reason Why Ascent Solar Is The Best Solar Speculation
Tech Business Review: Ascent Shares ASCEND, IBM Goes To KENYA
Ascent Solar Launches EnerPlexTM Solar Powered Charger for Samsung Galaxy S III
Sincerely, PennyStockCrowd.com Team
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