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StockIceMan's Weekly Stock Pick
Week of September 10, 2007
 

Stock: Ascent Solar Technologies, Inc
Ticker Symbol: ASTI -  Nasdaq - Semiconductors - Specialized
Buy: 8.50 to 9.25
Sell: 12.00
Info: Ascent Solar Technologies, Inc., a development stage company, engages in the commercialization of certain photovoltaic (PV) technology developed by ITN Energy Systems, Inc. for extraterrestrial, terrestrial, and near-space applications. Its PV modules use a thin-film copper-indium-gallium-diselenide absorbing layer on a flexible plastic substrate. The company was founded in 2005 and is based in Littleton, Colorado.
Financial Info: For the six months ended 6/30/2007, revenues totaled $443,000, up from $10,000. Net loss increased 60% to $2.8 million
Key Ratios: Current Ratio: 38.058, Total Debt/Equity Ratio: 0.00, Trailing P/E: N/A, Forward P/E: N/A,  Price/Sales: 215.22x,  Price/Book: 2.44
Share Info: There are 10.07 million shares outstanding with 5.38 million shares in the trading float. Institutions own approximately 2.20% of the shares outstanding. There has been no insider purchase and 10 insider sales totaling 46,755 in the last six months. Real-Time SEC Filings

As of 8/10/2007, there were 532,850 shares short.

Net Institutional Buying:  36,596 shares prior to latest quarter.
Articles:

Ascent Solar to Present at Merriman Curhan Ford & Co.'s Investor Summit 2007

 
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