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Enter Symbol:
 
ENER1 INC. (HEVVQ) [hlAlert]

Rating:
Sell HEV
up 62,757.14 %

ENER1 INC. (HEV) rated Sell by Janney Mntgmy Scott

Posted on: Thursday,  Apr 1, 2010  8:25 AM ET by Janney Mntgmy Scott

Janney Mntgmy Scott rated Sell ENER1 INC. (OTCBB: HEVVQ) on 04/01/2010, when the stock price was $4.40. Since
then, ENER1 INC. has lost 99.84% as of 03/30/2012's recent price of $0.01.
If you would have followed this Janney Mntgmy Scott's recommendation on HEVVQ, you would have gained 62757.1% of your investment in 729 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%.

We are committed to providing innovative, wealth-building investment solutions through original thought, proprietary data and access to company managements, industry leaders and our analysts. Janney’s enduring commitment to primary research coincides with an investment acumen that recognizes our core responsibility – to make money for our clients. Our analysts strive to identify the emerging and sometimes hidden themes that can provide investors a superior return over time.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/1/2010 8:25 AM Sell
None
4.40
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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