China BAK Battery, Inc. (NASDAQ:CBAK)

CAPS Rating: 1 out of 5

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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Player Avatar mitp (< 20) Submitted: 12/29/2009 4:21:34 PM : Underperform Start Price: $2.20 CBAK Score: +85.57

after Briefing.com said it is "hearing chatter" that CBAK's lithium polymer batteries will power the search giant's upcoming Nexus One smartphone. Until more official reports surface, investors can chalk the 10% spike up to speculation after a nearly three-month slump for the stock.

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