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Message from discussion Earnings & guidance
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s.wolf2...@gmail.com  
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 More options May 14, 2:59 pm
From: s.wolf2...@gmail.com
Date: Thu, 14 May 2009 11:59:55 -0700 (PDT)
Local: Thurs, May 14 2009 2:59 pm
Subject: Re: Earnings & guidance
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Did the same, pulled out at 3.70 and will get back in around
2.70-2.80.  This baby is a momentum Stock, been trading it for a
couple years now.  Once it finds it direction it follows it.  You have
too many small players in this that are not ready for a long term
investment.  As long as institutionals getting their hands around this
and calm the volatility, this is a volatile b...

I like it though, wish i had the balls at 1.50 when I thought about
taking some, waited until 2.20.

On May 13, 9:12 am, false1...@aol.com wrote:

> Not with China Industrial growth decreasing in this psuedo depression
> and the Bike company they now own. What?they didn't do their homework
> before buying it to see its worth and revenue potiential and
> liabilities. Sounds like a possible set back. This is probably a long
> term big winner. I will take a qucik profit on this one and get back
> in after a pull back to support in the $2.60 range. Still have 3000
> shares.

> On May 12, 12:07 am, tsa...@gmail.com wrote:

> > Commenting on the results, Mr. Zhiguo Fu, Chairman and CEO of Advanced
> > Battery Technologies, stated, "We are pleased with the progress that
> > our Company has made despite the difficult economic environment. We
> > were able to achieve suitable revenue growth for the quarter, although
> > we will strive for greater growth in 2009 with increased production
> > capacity and tighter cost controls. As such, we expect the expanded
> > assembly line in Harbin to be operational late in the second quarter
> > of 2009, which will add the production capacity enabling an additional
> > $22 million in revenue generation for 2009. We remain optimistic about
> > our continued growth in the remainder of the year and currently our
> > backlog for the battery business is approximately $64.0 million as of
> > early May."

> > Sounds like some pretty decent statements to me. I like the fact that
> > the 22 mil of rev generation is in 2009.

> > Any other thoughts? I think we have a nice upside from here!


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