Day 2 Volume Surge: Advanced Battery Technologies Inc. (ABAT)
Posted in General by: adminJune 26th, 2008
Advanced Battery Technologies Inc. (NASDAQ: ABAT) is a tiny stock with a mere $277 million market cap. Its shares are up another 8% at $5.55 today as of 10:22 AM EST with already 692,000 shares having traded hands. We saw over 1.15 million shares trade hands yesterday and today looks like we’ll easily pass that level. This is follow-on activity after yesterday’s announcement about the signing of a contract with Quanzhou Hongtian Science & Technology Development Co., Ltd. valued at $5 million. This company’s revenues were less than $32 million for all of 2007.
Day’s Range: $5.14 - $5.59
52wk Range: $2.45 - $9.66
Avg Volume: 358,962
Jon Ogg
June 26, 2008
VS Investor RSS Feed
[...] Uncertain Principles wrote an interesting post today onHere’s a quick excerpt Advanced Battery Technologies Inc. (NASDAQ: ABAT) is a tiny stock with a mere $277 million market cap. Its shares are up another 8% at $5.55 today as of 10:22 AM EST with already 692,000 shares having traded hands. We saw over 1.15 million shares trade hands yesterday and today looks like we’ll easily pass that level. This is follow-on activity after yesterday’s announcement about the signing of a contract with Quanzhou Hongtian Science & Technology Development Co., Ltd. valued at $5 mill [...]
on June 26th, 2008 at 3:16 PJun[...] TechFresh, Hottest Electronic Gadgets wrote an interesting post today onHere’s a quick excerpt [...]
on June 26th, 2008 at 3:16 PJun