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Altair Nanotechnologies Inc. (ALTI) [hlAlert]

Rating:
Neutral ALTI
down 31.29 %

Altair Nanotechnologies Inc. (ALTI) downgraded to Neutral by MDB Capital Group

Posted on: Wednesday,  Mar 25, 2009  10:25 AM ET by MDB Capital Group

MDB Capital Group rated Neutral Altair Nanotechnologies Inc. (OTCBB: ALTI) on 03/25/2009. Previously MDB Capital Group rated Buy Altair Nanotechnologies Inc. (OTCBB: ALTI)
on 11/10/2008., when the stock price was $5.24. Since then, Altair Nanotechnologies Inc. has lost 31.30% as of 03/25/2009's recent price of $3.60.
If you would have followed the previous MDB Capital Group's recommendation on ALTI, you would have lost 31.29% of your investment in 135 days.

Altair Nanotechnologies Inc. is a Canadian corporation, whose primary business is developing and commercializing nanomaterial and titanium dioxide pigment technologies. The Company organized in three divisions, a Power and Energy Group (formally known as the Advanced Materials and Power Systems Division), a Performance Materials Division, and a Life Sciences Division. During the year ended December 31, 2008, contract services revenues were 87% of its operating revenues.

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
3/25/2009 10:25 AM Hold
None
3.60
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD down  -26.22 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/10/2008 2:25 PM Buy
None
5.24

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