Go to Google Groups Home    Advanced Battery Technologies, Inc.
Re: Strong Balance Sheet

tsa...@gmail.com

I like the company, and when I first read earnings, I thought it was
going to be going higher.

I sold half my position on the simple fact that management did not
give the company a vote of confidence with their commentary.  In my
view, the company has some underlying problems and lacks effective
management/leadership.  They may prove us wrong, but the market /
momentum likes companies that guide strongly.  If they have a good
balance sheet that is a bonus.

I don't know about 18+.  I would shoot for 4 first.

On May 22, 4:04 pm, lqa2...@gmail.com wrote:

> I have been hunting for a company that has a good balance sheet.  So
> far this company is rock solid.  Anyone else believe that ABAT has
> tremendous upside potential?? Possibly trading at $18+ a share in the
> near future?