Breaking News Advanced Battery Still Blows
As I have mentioned in hilarious times past, Advanced Battery (GBT) is a piece of shit, and should be sold nine ways to Sunday. I remember this guy “Lori” at my old site trying to get me to see the ways of the ABAT (former symbol) after all, what makes more sense than a Chinese battery company? These rechargable batteries will power every bus in China, before the Olympics, “he” tells me.
WHY? You only need one reason — no real financial statements, just pretend ones, and statement I found said 100% of assets were in accounts receivable.
Odd, no?
I am going to start a column to help you retards with the basic accounting that goes on in the asinine securities you choose to own. Especially in times of economic duress, you think companies won’t be pressured to do a little hocus pokus? Because they will.
**note: It may bounce here at the 200 day, I would still sell it on any move.
Danny,
I shall look forward to view the state-of-the-art in security analysis.
jog on
November 27th, 2007 at 3:10:45 pmgrant
I told you any ticker symbol “GBT” sucks balls.
November 27th, 2007 at 5:13:00 pmAssets - Liabilities = Equity
November 27th, 2007 at 5:14:24 pmducati, you should. I am sure you will be there to critique my work, which I look forward too. Additionally, it will suit your nature, because most likely I won’t be trumpeting companies with solid financials, but instead highlighting the atrocities in their notes.
November 27th, 2007 at 6:24:54 pmScarlet Poltroon,
Fish Tank Advisory - Fish = Scarlet Poltroon
jog on
November 27th, 2007 at 6:33:40 pmgrant
Danny,
I’ll be there to learn something new.
jog on
November 27th, 2007 at 6:40:14 pmgrant
viz.
November 27th, 2007 at 7:39:49 pmGBT is sitting right on its 200 dma giving gamblers a low risk lotto play.
odd, no?
November 27th, 2007 at 7:42:48 pmI’m not talking about trading I’m talking about a good ol’ fashioned company that sucks. It will probably bounce hard, it basically has too. Which is when I would sell. What I said above, no?
Odd.
November 27th, 2007 at 8:09:53 pm[...] few days ago I wrote this article on why Advanced Battery sucks a sea-borne [...]
November 29th, 2007 at 10:20:24 am