Showing posts with label CBAK. Show all posts
Showing posts with label CBAK. Show all posts

Friday, March 23, 2012

Friday’s Battery Stocks on the Move: AONE, CBAK, XIDE, XDSL

Friday’s Battery Stocks on the Move: AONE, CBAK, XIDE, XDSLTallahassee, FL 3/23/12 (StreetBeat) – Investorideas.com, a leader in renewable energy stock research for independent investors, issues an investor alert for battery stocks for mid-day trading Friday March 23, 2012.

A123 Systems, Inc. (NasdaqGS: AONE) is trading up slightly at $ 1.72, up 0.04(2.38%) 1:47PM ED on over 800,000 shares. Earlier in March the Company reported that Advanced Traction Battery Systems (ATBS), A123's co-owned Shanghai-based joint venture company, has been selected to develop battery packs for a new plug-in hybrid electric (PHEV) sedan from Geely, one of the fastest-growing automakers in China and the parent company of Volvo Car Corporation. Under the terms of the development agreement, A123 will supply 20Ah prismatic cells to ATBS for the production of complete lithium ion battery packs for Geely's new PHEV, which is expected to launch in China in 2014.

China BAK Battery, Inc. (NasdaqGM: CBAK) is leading the sector, trading at $0.9201, up 0.1001(12.21%) 1:34PM EDT on over 800,000 shares. The stock has traded as high as $1.03 in today’s session.

mPhase Technologies, Inc. (OTC.BB: XDSL) is trading up 6.25% on over 1.2 Million shares.
Earlier this month the Company said it is exploring the printing of its Smart NanoBattery with Graphene and other advanced new materials.

Exide Technologies (NasdaqGS: XIDE) is trading up at $3.15, up 0.10(3.28%) 1:46PM EDT on over 266,000 shares.

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Friday, October 28, 2011

China BAK Battery, Inc.(NASDAQ: CBAK ) Up Over 20% on the Day

China BAK Battery, Inc.(NASDAQ: CBAK ) Up Over 20% on the DayTallahassee, FL October 28, 2011 (PennyPayDay) -- Investorideas.com, a leader in renewable energy stock research, releases a trading alert for China BAK Battery, Inc. (Nasdaq: CBAK ). The stock is trading up at $1.02, up 0.1750 (20.71%) 1:40PM EDT.

The stock is up just in time as the company reported today it has received a staff deficiency notice from The NASDAQ Stock Market informing the Company that its common stock has not met the $1.00 minimum bid price requirement for continued listing on The NASDAQ Global Market under NASDAQ Listing Rule 5450(a)(1). The Company did not meet NASDAQ's minimum bid price requirement because the closing bid price for its common stock for each trading day in the 30-business day period from September 12, 2011 to October 21, 2011 was less than $1.00 per share. The notification letter stated that China BAK will receive 180 calendar days, or until April 23, 2012, to regain compliance with the NASDAQ listing requirements. During this compliance period, the closing bid price for China BAK's common stock must be at least $1.00 for a minimum of ten consecutive business days for the Company to regain compliance. In the event that the Company does not regain compliance within this period, it may be eligible for additional time to regain compliance by filing a listing application to transfer its common stock to the NASDAQ Capital Market and satisfying certain other requirements. The notification letter has no effect at this time on the listing of the Company's common stock on the Nasdaq Global Market. China BAK's common stock will continue to trade on the Nasdaq Global Market under the symbol "CBAK."


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