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I bought in small and will wait to see if there is a pullback but the news below looks big. Its trading above the former 52 week high at this time but keep an eye on this one in the weeks ahead.
############################################### AeroVironment, Altair Nanotechnologies, Go Green Holding and Micro-Vett Announce a Successful, Multiple Fast-Charge Demonstration of an All-Electric Delivery Vehicle in Oslo, Norway Tuesday October 9, 7:30 am ET Medium Duty, All-Electric Transport Vehicle Travels over 300 km in a Single Day RENO, Nev.--(BUSINESS WIRE)--AeroVironment, Inc. (Nasdaq: AVAV - News), Altair Nanotechnologies Inc. 'Altairnano' (Nasdaq: ALTI - News), Micro-Vett, SPA and Go Green Holding AS, today jointly announced the successful public demonstrations of the All-Electric Fiat Doblo to government officials and potential commercial customers in Oslo, Norway. On October 2nd, half-way through an ongoing 60-day demonstration, the Micro-Vett Fiat Doblo, a regular size 5-seat station wagon vehicle, powered by a custom 18 kWh Altairnano high performance NanoSafeŽ battery pack, traveled 300 kilometers (186 miles) in an urban delivery circuit. The custom battery pack was fully recharged in less than ten minutes a total of three times using AeroViroments' high voltage, 125kW rated, rapid charging system. The vehicle will be driven an estimated total of 7,500 kilometers during the 60-day demonstration period, which translates to an annual equivalent use of 45,000 kilometers. ADVERTISEMENT The Fiat Doblo is designed both as a commercial medium-duty transport vehicle, as well as a regular size family car. Micro-Vett has been converting standard vehicles to electric drive for the past 20 years, and today, they have a wide range of passenger and utility vehicles available for sale. Go Green expects to ship up to 20 Micro-Vett vehicles with Altairnano's 18 kWh NanoSafeŽ battery packs to customers in the next several months, and an additional 250 vehicles are planned for shipment in 2008. Altairnano offers a range of NanoSafeŽ battery packs for all-electric vehicles requiring from 10 to 35 kWh of energy storage. "This alliance of innovative companies is a powerful combination that is committed to providing clean transportation on a global platform," said Asbjorn Slordahl, Go Green Holdings' chief executive officer. "With battery packs from Altairnano, and fast-charge infrastructure from AeroVironment, these roadway-ready, all-electric vehicles converted by Micro-Vett and distributed by Go Green are a powerful example of what happens when you combine the right technology, with the right providers, at the right time." "This is a key step forward in demonstrating the viability of all-electric vehicles, and the fast charge infrastructure necessary to enable their practical use," said Joe Edwards, vice president and general manager of AeroVironment's Energy Technology Center. "This demonstration proves that the technology to deploy electric vehicles for everyday use is available and ready. Our PosiChargeŽ fast charge technology has demonstrated itself to be reliable for the daily operation of thousands of heavily used, low voltage electric industrial vehicles throughout North America and increasingly in Europe, Australia and Asia. Using PosiChargeŽ to support high voltage electric vehicles is a natural extension." "This public demonstration in Norway demonstrates another all-electric vehicle platform that is powered by Altairnano's unique lithium Titanate NanoSafe battery pack product line. The NanoSafeŽ battery packs are safe, powerful, fully rechargeable in less than ten minutes with rapid charge systems, have long life and operate in extreme temperatures," said Alan J. Gotcher, Ph.D., Altair Nanotechnologies, Inc.'s president and chief executive officer. "With more than 1,700 electric-powered vehicles in the country, Norway is taking a proactive approach in the adoption of all-electric vehicle technology and products. Our innovative battery technology, which is capable of thousands of re-charge cycles, provides a necessary ingredient for the adoption of EVs around the globe." "Micro-Vett has been manufacturing electric vehicles since 1987 and so we constantly follow energy accumulation systems evolution, from batteries to fuel cells," said Massimiliano Di Gioia, Micro-Vett Vice President. "Until now we've seen some developments, but Altairnano's fast charge batteries have the potential to revolutionize electric vehicles and also the automotive industry. It was very exciting to see Doblo's charge level indicator going up visibly in Oslo. With Altairnano's fast charge batteries, we can overcome the primary electric vehicle limitation because we can achieve refuelling times comparable to those of gasoline-powered vehicles."
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I had this down to look at after you mentioned this before but didn't get the time. This may still have some gas left like ABAT. Is there any share structure info. on this?
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rsi and sto a bit overbought so there may be a pull back for some breathing room....
Shares Outstanding 70.1M Institutional Ownership 11.65% Market Cap 245.2M Company website - www.altairnano.com vp purchased 10k shares in august - and looks like ceo exercised options and sold 30k, and then there is a form 4 for a former officer over on pinksheets for 10/1 but no numbers listed... |
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Quote:
![]() Outstanding shares: 70.144 million Float: 69.770 million short interest: 5,367,753.000
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Quote:
Altair Nanotechnologies Inc. Shares Short 5,460,500 Days to Cover (Short Ratio) 8.0 Short % of Float 7.81 % Shares Short - Prior 5,367,800 Short % Increase / Decrease 1.73 % Squeeze RankingTM % from 52-Wk HIGH ( 0.00 ) % % from 52-Wk LOW ( 0.00 ) % % from 200-Day MA ( 3.28 ) % % from 50-Day MA ( 3.29 ) % Price % Change (52-Wk) 23.10 % Trading Volume - Today Trading Volume - Average 686,700 Trading Volume Vs. Avg. % Total Shares - Float 69,920,000 Total Shares - Outstanding % Held by Insiders 2.72 % % Held by Institutions 11.60 % Market Cap EPS PE Ratio Sector: Basic Materials Industry: Specialty Chemicals SI Record Date 2007-OctA Information Provided Without Warranty http://www.shortsqueeze.com/index.ph...ti&submit=+GO+ In my opinion,the short postion is not that much but it has been increasing. That is until today, which I would assume were the shorts covering. Now, if there is more buying than selling the price will go up and vice versa.
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The Only Easy Day Was Yesterday FAIR USE NOTICE: I believe this constitutes a 'fair use' of any copyrighted material as provided for in section 107 of the US Copyright Law. Excellent MACD explanation: http://www.youtube.com/watch?v=OR8vwFv-5iU http://www.youtube.com/watch?v=Hz4tuWGQqfo http://www.youtube.com/watch?v=4ybk72R9_90 |
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Fireopal....... Thanks for the info and once again I find myself saying I hope you are on target and we get a little pullback for poor folks like me to add a few
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lol aufan - chart was only indicating pull-back that you mentioned in first post so we'll see.... and i just finished clearing out account set up for alerts and saw a couple for this one today, and one was from 'stockegg' so you may get your pull back b/c most of stockegg picks go down.. however, there was much buying after hours so who knows....
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Ru picked this as a buy tonight and plans to enter tomorrow morning. EDIT: I forgot to mention RU ask that if entering please take caution and enter small or in stages. He is still a little unsure about the company but is doing some research the old fashion way...... The telephone....rofl
Todays Article: Altair jumps, analyst sees 'significant upside' Monday June 23, 12:39 pm ET Altair shares jump; analyst sees 'significant upside,' stabilizing business NEW YORK (AP) -- Shares of Altair Nanotechnologies Inc., which makes titanium dioxide particles used in paints, pharmaceuticals and fuel cells, climbed Monday after an analyst said a recent decline represents a "strong buying opportunity." Altair, whose shares are down nearly 57 percent year-to-date, named Terry Copeland as president and chief executive on Friday. He had been the company's interim president since March. ThinkPanmure analyst Michael Lew, who rates the company "Buy," said he sees a significant potential upside for the shares, given the likelihood that Altair will begin to commercialize its lithium ion nanobattery technology in the near future. "We believe the appointment of (Copeland) as CEO suggests Altair has resolved internal organizational matters and, importantly, filled the leadership void at the top -- a necessity for any company to move forward," he wrote in a note to investors. Reno, Nev.-based Altair's shares rose 18 cents, or 11 percent, to $1.81 in midday trading. The stock has traded between $1.63 and $5.45 in the past year. Lew's target price for the stock is $6.
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