Yes, CBAK did have a spike recently that didn't last long but ABAT was also recently at 5 USD. The following chart shows the plain fact that ABAT has not really been rewarded for having a cleaner balance sheet than CBAK. Might be reasons for this but the plain fact is that they are both running neck and neck over the last 12 months.

Even given this I'll stay with ABAT and their business plan. I continue not to be a fan of the companies chancing an unproven electrification of the passenger car market. It will come but not fast enough for all the investment coming on line. I agree with the exec. from LG in the article I posted earlier today. We'll see but ABAT has not walked away from the pack yet.

I expect earnings to be better this quarter as well. The detail will be most telling.

http://finance.yahoo.com/echarts?s=ABAT#...