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 Advanced Battery (PINK:ABAT)

Tuesday, May 12, 2009
Earlier this week Advanced Battery Tech was added the GeoBargain® list (5/7/2009,($3.48).   The decision was largely based on guidance the company issued on April 2. 2009.  However, today the company withdrew its guidance, based on uncertainties with the integration of a recent acquisition.  Until this situation is resolved we are removing Advanced Battery Tech from the GeoBargain® list and placing the company on the "On the Radar List."   Also,  at its current price ($3.48),  the stock has had a 30% run since the GeoTeam's® first mention on April 2, 2009.  The stock did reach$4.10 on on April 11, 2009.