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ADVANCED BATTERY TEC (ABAT) [hlAlert]

Rating:
Buy ABAT
down 93.43 %

ADVANCED BATTERY TEC (ABAT) rated Buy by MDB Capital Group

Posted on: Monday,  Nov 10, 2008  2:25 PM ET by MDB Capital Group

MDB Capital Group rated Buy ADVANCED BATTERY TEC (OTCBB: ABAT) on 11/10/2008, when the stock price was $2.67.
Since then, ADVANCED BATTERY TEC has lost 93.44% as of 08/27/2015's recent price of $0.18.
If you would have followed this MDB Capital Group's recommendation on ABAT, you would have lost 93.43% of your investment in 2481 days.

Advanced Battery Technologies, Inc. is a holding company with one subsidiary, Cashtech Investment Limited (Cashtech). Cashtech Investment Limited is also a holding company with only one subsidiary, Heilongjiang ZhongQiang Power-Tech Co., Ltd. (ZQ Power-Tech). Advanced Battery Technologies also owns a 49% interest in Beyond E-Tech, Inc., a Company that distributes cellular telephones in the United States. In April 2009, Advanced Battery Technologies, Inc. completed the acquisition of Wuxi Angell Autocycle Co. Ltd.

MDB Capital has strives to be the leading micro-cap research firm. Our focus is on companies between $40-$200MM in market capitalization that are not widely covered by other research firms. Our objective in following this sector is to provide our investors with idea that lead to above markets returns. MDB strives to provide insightful, independent and performance-oriented research. We strictly maintain a pure research environment, where solid research opinions are formed by our analysts' thorough evaluations, rather than influenced by investment banking relationships.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/10/2008 2:25 PM Buy
None
2.67
as of 12/24/2008
1 Week down  -2.54 %
1 Month up  30.73 %
3 Months up  0.75 %
1 YTD up  0.75 %

(*) Stock Price at the time of the recommendation.
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