Day 2 Volume Surge: Advanced Battery Technologies Inc. (ABAT)
Uncertain Principles wrote an interesting post today on
Here’s a quick excerpt
Advanced Battery Technologies Inc. (NASDAQ: ABAT) is a tiny stock with a mere $277 million market cap. Its shares are up another 8% at $5.55 today as of 10:22 AM EST with already 692,000 shares having traded hands. We saw over 1.15 million shares trade hands yesterday and today looks like we’ll easily pass that level. This is follow-on activity after yesterday’s announcement about the signing of a contract with Quanzhou Hongtian Science & Technology Development Co., Ltd. valued at $5 mill
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