, Tracking Stock Market Picks
Enter Symbol:
ENER1 INC. (HEVVQ) [hlAlert]

down 99.89 %

ENER1 INC. (HEV) upgraded to Buy with price target $8 by MDB Capital Group

Posted on: Monday,  Aug 24, 2009  11:25 AM ET by MDB Capital Group

MDB Capital Group rated Buy ENER1 INC. (OTCBB: HEVVQ) on 08/24/2009, when the stock price was $6.92. Since
then, ENER1 INC. has lost 99.90% as of 03/30/2012's recent price of $0.01.
If you would have followed this MDB Capital Group's recommendation on HEVVQ, you would have lost 99.89% of your investment in 949 days.

Ener1, Inc. (Ener1) is engaged in the business of designing, developing and manufacturing rechargeable lithium-ion batteries and battery systems for energy storage. Its end markets include transportation, stationary power (energy storage for utilities and renewable energy, such as wind and solar power in addition to battery backup systems for the home), military applications and small cell markets. In the transportation markets, the Company is developing systems to power the next generation of hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs) and electric vehicles (EVs). The Company also conducts research on and develops fuel cells and nano coating processes. On October 24, 2008, the Company acquired an 83% interest in Enertech International, Inc. (Enertech). On January 6, 2009, Ener1 purchased an additional ownership interest in Enertech, there by increasing its ownership from 83% to 89%.

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
8/24/2009 11:25 AM Buy
6.92 8.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/13/2009 12:25 PM Hold
3/17/2009 11:25 AM Buy
3.95 5.50
11/17/2008 12:25 PM Buy
7.27 10.00
11/10/2008 2:25 PM Hold

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