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$4.08 0.11 (2.77%)
7/8/2008 4:00 PM

China BAK Battery, Inc. (CBAK)

CAPS Rating:
***

Engaged in the manufacture, commercialization & distribution of a variety of standard & customized lithium ion rechargeable batteries for use in cellular telephones, as well as various other portable electronic & general industrial applications.

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Recs

2

Avatar svanek1 (< 20) Submitted: 10/17/07 12:57 AM : Underperform Start Price: $7.53 CBAK Score: 27.89

There is no reason why the stock started to take off when it did about 1 month ago. The demand for re-chargable batteries have been around for 10 years, something strange has happened with this company which I am waiting for it to be disclosed.





I lost money becasue this was an inpulse buy, since I wanted to participate in the China explosion.

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Avatar goldminingXpert (99.92) Submitted: 1/16/08 5:38 PM

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Compound a bad investment with anger and you get a truly stupid pick like this one... CBAK is fast growing profitable company in the China boom that range-trades...every so often it gaps up 30% and then bleeds off for weeks--you buy the bleed and sell the gap...your pick is doomed to fail as this stock will once again head back to at least 5.5 then next time a big up day for chinese stocks comes.

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