Exide Technologies (NASDAQ:XIDE)
The Company is in the business of stored electrical energy solutions and manufactures lead acid batteries, which are used in transportation, motive power, network power, and military applications.
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Goes to 0 or recovers
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In great position for growth of start-stop applications in vehicles
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hope it makes a comeback
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cheap
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With the auto industry starting to come back, EXIDE will go up. Electric cars are not taking off as thought, and this company would be a very good 1-3 month investment
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mobility and portability is the future and these guys are at the forefront.
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I think we'll see a steady rise in share prices over the next year. Emerging out of tech birth, I think.
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In @ 5.41 yesterday
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ratings were high .
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It's that THING again..
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Currently half the value of it's 2 week high. The company has capacity to manufacture up to 1.5 million batteries per year. Both lead acid batteries and lithium ion batteries. Exide has manufactured battery back up systems for Private Branch Exchanges for decades and as interest continues to grow for renewable energy I expect Exide to be strategicaly involved
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major player in battery market, will run up with new electric car production
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Solid future demand. Price has dropped a bit. I'd like to get it lower than $5.63. Any kind of decent market rebound could send this up a few bucks quickly.
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Check after a week. Prob very short term. Watch the fall.
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low relative PE, good star & 2010 earnings. Bottom fishing week of 2/8
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Going to get with the times. I like that, though it might take a spell.
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BYDDY, ENS, XIDE all part of (car) battery basket.
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The coming electric revolution will need batteries, and even if this company isn't the one making the new tech batteries, they will have at least two benefits: 1) They already have a relationship with vehicle manufacturers, and 2) They can buy battery tech startups.
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Electric car stimulus payments will make these batteries a hot commodity. Tesla Motors is likely to get $.5B from the gov't, plus $7,000 all-electric car bonuses direct to consumers. The electric car segment is exploding with interest. We just had an all-electric dealership open up locally mid-recession. Rising oil prices and stagflation will help drive demand over the next few years.
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