Apr

2

Sold all of ABAT, bought URME

April 2, 2007 | 3 Comments

This morning I decided to sell my entire holding in ABAT at $1.33. On the heels of the news that they have delayed their 4th quarter filing, I decided that the risk level in the stock had increased significantly, and therefore, I no longer had room for the stock in my portfolio. There are too many questions to be answered with regard to ABAT. I took a loss of 7.5% on the stock, but given its small […]

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Apr

1

Acknowledging the risks of my own holdings

April 1, 2007 | 1 Comment

Given the fact that I have expressed some pessimism about the current state of the market, I thought it would be useful to take a look at what I see as the biggest risks for my holdings. I was aware of the risks when I entered my positions, but reviewing them never hurts. In particular, I feel that risks have increased for ABAT, although I was aware of the potential for such risks when I purchased the stock, […]

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Mar

17

ABAT–Finding value in China’s green movement

March 17, 2007 | 3 Comments

As readers know, on Friday I decided to nibble on a few shares of Advanced Battery Technologies (ABAT.OB). I’d like to dig in a bit further and explain why I decided to make the purchase, and to highlight the value that I see in ABAT at current prices.

Profile: ABAT designs, manufactures, and markets rechargeable polymer lithium ion batteries (PLI’s) that are used in consumer products such as laptops, PDA’s, and cell phones. Current customers for ABAT’s products […]

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Mar

16

Nibbling on ABAT

March 16, 2007 | 2 Comments

This morning I decided to enter a small position in ABAT.OB at $1.43. I sat down last night and read all of the filings for the past year, and I felt that the company was significantly undervalued and provided solid earnings visibility. This is venture that entails a bit more risk given the fact that the company is based in China, but I felt at the current valuation, the reward justifies the risk. The stock is […]

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