Electrovaya Inc T.ELVA

Alternate Symbol(s): ELVA

Industrials

Electrovaya Inc. is a Canada-based lithium-ion battery technology and manufacturing company. The Company designs, develops and manufactures lithium-ion batteries and battery systems for energy storage, clean electric transportation, heavy duty electric vehicles and other specialized applications based on its Infinity Battery Technology Platform. The Company is focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. The Company is also developing next generation solid state battery technology at its Labs division. The Company has two operating sites in Canada and has a 52-acre site with approximately 135,000 square foot manufacturing facility in New York state. Its battery products are used across various applications, including material handling, e-mobility and energy storage.

TSX:ELVA - Post by User

Electrovaya Inc

Bullboard Posts

Comment by disgruntled1on Mar 23, 2004 7:01pm

221 Views

Post# 7254538

RE: $&#$ darn! It is recouping fast!

The share price is at an inflection now where theres a 50-50 chance it will go higher or lower. If you buy now, the downside risk is $1.20 (I don't see this stock ever being $1.00 again). The upside potential is likely $3.50-4.00 short-term if the co. continues to grow sales and get more partners/contracts. Which risk is greater, being in or out at this point?

Bullboard Posts

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