Everybody loves a good comeback story. From Rocky Balboa to
Short sellers lost an estimated
These initial rallies were not based on any fundamental valuation which is why they eventually fizzled out. However, they did highlight how high a stock could jump if it created a 'short squeeze' and bounced from 'oversold' prices.
There are several legitimate comeback stories brewing on the markets today that could bring a more lasting rally for early investors. There are two, in particular, to pay attention to.
THREE POTENTIAL MEME STOCKS TO RESEARCH NOW
Founded in 2005 and IPO'd in 2006, the issue ASTI ran into was its technology was a bit before its time, and the company's lack of cash flow almost forced it to close its doors.
The company then received several millions of dollars in capital investment from a German solar company to provide solar modules for the German company's patented tubular solar modules for agriculture. These tubes allow landowners to harvest both energy and crops on the same piece of land.
This saved ASTI's corporate life!
Now the company is ascending. In its 2021 FY financial report it recorded a revenue increase of 812%. ASTI has also improved its cash balance from
ASTI price increased 17% yesterday and message volume on stocktwits is up 22% meaning retail interest is starting to blossom. The company has been quiet, but any sort of announcement could set off serious price action.
ASTI could be the next meme winner.
One of the biggest drivers of investor skepticism on ATER was a report by
Make sure to start your research on ASTI, ATER, and GOEV today.
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