New Energy Technologies, Inc. (NASDAQOTH:NENE)

CAPS Rating: 1 out of 5

The Company together with its wholly owned subsidiaries, is a technology incubator focused on the identification, acquisition, development and eventual commercialization of emerging technologies.

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Player Avatar Dormin111ob (95.82) Submitted: 1/27/2011 1:30:30 PM : Underperform Start Price: $6.70 NENE Score: +131.73

"New Energy Technologies, Inc., through its subsidiaries, engages in the identification, acquisition, development, and commercialization of alternative energy technologies. It focuses on the development of MotionPower, a technology for capturing the kinetic energy of moving vehicles in order to use this captured energy to generate electricity;"

Not the worst idea I've ever heard. But it is still an alternative energy company and therefore worthless.

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