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Azure Dynamics Corp AZDDQ

Azure Dynamics Corporation (Azure) is engaged in the development and sale of electric vehicle (EV) and hybrid electric vehicle (HEV) systems and components. HEV systems include an electric motor, an energy storage system (batteries or ultracapacitors), and an additional power source, such as an internal combustion engine/generator. An EV does not include the additional power source and only includes an electric motor and an energy storage system. It has four wholly owned subsidiaries: Azure Dynamics Inc., Azure Dynamics Incorporated, Azure Dynamics Corporation of America and Azure Dynamics Limited. Azure has developed electric and hybrid electric drive technologies for the light to heavy duty commercial vehicle category (the Technology). Azure has developed three primary product groups, which include full hybrid electric; mild hybrid electric; and pure electric solutions. Target markets include hybrid electric delivery vans and shuttle buses, as well as electric drive applications.


GREY:AZDDQ - Post by User

Bullboard Posts
Post by Tumbleweed67on Jul 31, 2009 11:47am
437 Views
Post# 16181974

Non-Event

Non-EventGentlemen,

I am sure many of you have already considered this, but if I may, I will throw it out there anyway:
Perhaps 11M shares was a planned sale (obvious, actually)?
Perhaps the volume of that sale has attracted some day traders, pushing the price up?
Perhaps there is not significant enough volume other than that large block to indicate something is up?
Perhaps the SP is nearing its peak (for today)?
And perhaps, as the end of day nears, and the day traders go home, the SP will close back around the open?

Just a thought.

GLTA
Bullboard Posts