Microcap Potential Homeruns--Credible, and Reporting Message Board

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Microcap & Penny Stocks : Microcap Potential Homeruns--Credible, and Reporting

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To: Ted M who wrote (601)	9/20/2010 2:15:10 PM
From: Ted M	Read Replies (1) of 1056

Not planning to write it up at the moment, but ABAT has some incredible growth numbers in both revenues and profits. Revs in 2009 up 50% to 66 million and net income up 30% to 21 million. Haven't looked real closely, but with a PE of around 6 and solid bal sheet, AND a high growth tech for not just China but the whole world -- battery power -- I had to bite some last week. No big flags I'm aware of (2 lawsuits but not real significant)..I'm not wild about Chinese stocks, but this one seems worth a gamble currently and may well qualify as a potential homerun in the long term. May be a big benefactor of the electric car movement.

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