3SOF

bad trading day for solar stocks 

chart update:

Insider buying:
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5873280
ASTI: New 52-Wk Low @ $7.120 dn 6.01%
Monday , September 08, 2008 12:30ET

This is the 1st 52 WEEK LOW alert for ASTI in the past 7 calendar days.

The share price for Ascent Solar Technologies, Inc. (NASDAQ NM: ASTI) reached a new 52-week low today, trading at $7.120, down $-0.460 (-7.05%) from its previous close of $7.660.

The Company's previous 52-week low of $7.250 was set 26 days ago on August 13, 2008.
One year ago, the Company's shares closed at $9.020. The price has declined more than 20 percent since then. At the time of this alert, the stock had traded 109,621 shares via 435 trades, 62.63% below it's 20day average of 293,315 shares.

This new 52-week low currently puts the stock:

14.17% below its 20day Moving Average of $8.389
18.12% below its 50day Moving Average of $8.794
36.51% below its 100day Moving Average of $11.340

another 52 weeks low....
Solar stocks were hit hard today

Update:

When I entered ASTI I had a longer term outcome in mind and thought we had a solid floor in the area we were taking a position in. The markets have told me otherwise. I am going to put a stop under yesterdays low at $6.40, we have had 6 down days in succession in an area that should have shown support.

Trade Plan:

HOLD ASTI with STOP at $6.40

and of course after being  stopped out ASTI is climbing again.
what was the Cowen update regarding the production begin in October /nNvember?
Could you please check Rams?

ASTI: Short Interest UP 7.3% to 2.5M at the End of Aug 2008
Wednesday, September 10, 2008 16:15ET

According to new short interest data from NASDAQ, short interest for Ascent Solar Technologies, Inc. (NasdaqNM: ASTI) INCREASED 7.3% to 2,480,612 shares as reported at month-end August, 2008.
Based on ASTI's 20-day average daily share volume of 312,900, it would require approximately 8 day(s) of buying to cover this short interest.


thx
cheers
Oliver