June 06, 2012
– Comments (5) |
RELATED TICKERS: ASTID
Gonna be fun to watch shares of ASTI heading into next week.
Should be plenty of uses for this solar power charger especially for outdoors hiking and beach bums alike.
Pardon my ignorance, but I just don't understand why this is such big news.
I bought an iPhone solar charger at an airport store a few months ago. And I just did a google search and found multiple products available. What's special / different about ASTI's charger? And how will it affect revenue and margins that will drive earnings and eventually the stock price higher?
What am I missing?
Different versions Bob, the ASTI version seems to beat out the competition.
The new Ascent product, part of its EnerPlex consumer line, is a case for iPhone 4 and 4S models that incorporates the company’s CIGS (copper-indium-gallium-selenide) solar cells on the back of the case as well as a thin battery to store power.
The case is designed to allow longer use of the iPhone than its own battery would allow.
“The charger adds minimal weight and size to an iPhone smart phone, yet provides significantly improved battery life by harnessing sunlight for electric power,” Ascent said in a statement.
Thanks. I see the explanation in their press release. And I see the nice pop in the stock price today - great call!
looks like a good short candidate once the hype wears off