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NEO Battery Materials Ltd V.NBM

Alternate Symbol(s):  NBMFF

NEO Battery Materials Ltd. is a Canada-based battery materials technology company. The Company is focused on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems. With a patent-protected, low-cost manufacturing process, it enables longer-running and ultra-fasting charging batteries compared to existing technologies. The Company is focusing on developing silicon anode materials, NBMSiDE, through nanocoating layers. Its three types of products, NBMSiDE-P100, NBMSiDE-P200, and NBMSiDE-C100 are manufactured through its nanocoating technology and are based on metallurgical-grade silicon with purities of at least 99.95%. It has developed a transformative and one-step nanocoating process to manufacture silicon anodes. Its material provides improvements in capacity and efficiency over lithium-ion batteries using graphite in their anode materials.


TSXV:NBM - Post by User

Bullboard Posts
Post by JonnyJon Mar 17, 2012 9:50am
325 Views
Post# 19684615

Sell

Sell

Maybe it's because I am new to this but perhaps someone can explain what the problem is with selling off stock when it spikes in price. Buy low and sell high, even if it is only a handfull of stock  to make some money to reinvest back in when it drops.

Penny stocks seem to be the best ones to make a $1000 or 2 from a news release while dollar stocks don't seem to be as dynamic in the price change.

25000 might be considered as amateur but at the end of the day could be as much as $2500 in your pocket and from what I have learned penny stocks do seem to be predictable, you can count on the SP dropping back down within a week or less.

I think the ones that sell stock when it's high to buy even more when its low will still accumulate their stock over time while letting the stock pay for itself. IMO

Bullboard Posts