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IBDvalueinvestin (99.68)

ASTI Launches Solar Powered Charger for Apple iPhone next week.

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June 06, 2012 – Comments (5) | RELATED TICKERS: ASTI , AAPL , GOOGL

Gonna be fun to watch shares of ASTI heading into next week.

5 Comments – Post Your Own

#1) On June 06, 2012 at 10:40 AM, IBDvalueinvestin (99.68) wrote:

Should be plenty of uses for this solar power charger especially for outdoors hiking and beach bums alike.

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#2) On June 06, 2012 at 12:07 PM, MajorBob04 (99.51) wrote:

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?

Thanks,

MajorBob

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#3) On June 06, 2012 at 2:36 PM, IBDvalueinvestin (99.68) wrote:

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.

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#4) On June 06, 2012 at 3:55 PM, MajorBob04 (99.51) wrote:

Thanks. I see the explanation in their press release. And I see the nice pop in the stock price today - great call! 

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#5) On June 07, 2012 at 2:00 AM, totallyoblivious (29.89) wrote:

looks like a good short candidate once the hype wears off

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