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$2.91 -0.12 (-3.96%)
1/7/2009 4:00 PM

Advanced Battery Technologies, Inc. (ABAT)

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Avatar ennui (80.58) Submitted: 6/05/08 9:12 PM : Outperform Start Price: $3.87 ABAT Score: 9.72

Chinese lithium polymer battery maker. Interesting technology--wish I understood it better. They will be powering electric buses, cars, and every kind of gizmo you can imagine. This one is more of a hunch than a conviction, since it's hard to get much info about the company. But this is the kind of speculative play that is worth a shot, in my book. A small shot--one that can't lose you much money if it bombs out, but which can pay off nicely if the technology catches on.

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Avatar bbsauve (< 20) Submitted: 6/19/08 9:07 AM

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I don't see how it could not catch on. The company makes rechargeable batteries for cars, buses, and anything that could run by battery instead of gas.

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Avatar 927jillian (< 20) Submitted: 6/28/08 6:29 PM

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I own 1500 shares and I'm very happy...the big three (DETROIT) are going to have to move fast...and don't have time to invent a battery like ABAT'S so where are they going to go............ABAT has to build a bigger manufactureing plant they'll already got 2years of back orders.....this is a no brainer...duh

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Avatar P00005955 (79.93) Submitted: 9/24/08 6:03 PM

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And just where are they going to get their hands on that much Lithium? Unless they have unfettered access to an immensely large evaporite deposit, they have a great idea but no source materials with which to make it happen.

However, good luck on your pick.

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