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Message Boards Settings Advanced Battery Technologies, Inc. - Quote Info
ABAT - Investors don't panic - Why Invesco selling?      2-Nov-09 10:04 am    
Ok. don't panic with ABAT price. It is all very logical on why ABAT's price is dropping.

I know you are sayin juteye, "what the hell is happening"

Here's what is happening.. Invesco is selling some of their non-warrant stock they just bought (for $2.77) in exchange for the quick cash infusion (millions) to ABAT

Why is Invesco selling?
Invesco has to get at least there money back - so they must unload above $2.77
The other investors know this and are
increasing shorts on ABAT while Invesco unloads.

How to play this?
Continue to accumulate ABAT - save some money for buys at $3.25 and $3 and $2.75

Once this Invesco stuff washes out.
ABAT will move up.

Hang in there
juteye


Sentiment : Buy
Rating :
 (4 Ratings)
Rate it:
awful/not related to \pooraveragegoodexcellent

juteye


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  Subject Author Rating Time of Post (ET)  
 
ABAT - Investors don't panic - Why Invesco selling?
juteye 2-Nov-09 10:04 am  
 
With all due respect, juteye, I'd very much like t...
china_s2 Rate it 2-Nov-09 10:50 am  
 
The 8K posted on 10/01/09 has the names of th...
IINDelco Rate it 2-Nov-09 11:10 am  
 
Juteye -- They would be selling at a loss since...
idjut_know_... Rate it 2-Nov-09 11:03 am  
 
Typo -- They did not get them for $2.77. ...
idjut_know_... Rate it 2-Nov-09 11:03 am  
 
Colin, Page S8 on the 424B5 filing 10/02...
IINDelco Rate it 2-Nov-09 11:19 am  
 
Thanks IINDelco; good link. I reme...
idjut_know_... Rate it 2-Nov-09 11:40 am  
 
So no institution is selling, ...
semenzatolu... Rate it 2-Nov-09 01:00 pm  
 
Yeah and I just bought 10,000 cmtp at 6.49 and sol...
rlamp4040@s... Rate it 2-Nov-09 11:18 am  
 
rlamp4040 Good job playin' CMTP I wish ...
juteye Rate it 2-Nov-09 11:40 am  
 
INVESCO or not, I find Juteye prediction...
greenberg_a... Rate it 3-Nov-09 10:36 am  
 
greenburg Yes - ABAT disappointi...
juteye Rate it 4-Nov-09 11:33 am  
 
Juteye, thank you very much fo...
greenberg_a... Rate it 4-Nov-09 01:38 pm  
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Advanced Battery Technologies, Inc. (ABAT)

Chart for Advanced Battery Technologies, Inc. (ABAT)
At 4:00PM ET: 4.00 Down 0.03 (0.74%)
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