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Electrovaya Inc T.ELVA

Alternate Symbol(s):  ELVA

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

Bullboard Posts
Post by DAbramovon May 28, 2004 1:06pm
103 Views
Post# 7544015

EFL Gold or Garbage

EFL Gold or GarbageYou decide which is true. (I apologize for the long post as I seem to have a tendency to write this way). The interesting post made by stockmoves has me thinking. I do believe in the company's future prospects, but like I've said before, they're trying to swing their hands open and scoop EVERYTHING they can without concentrating on getting a good hold onto anything. I hope this analogy works for you, but here's an idea: * Made the best battery available (good hold) * Jumped into Tablet PC market (competing, and at a great disadvantage because many other well established companies are taking a bite out of their market share). * Made a long lasting battery for their EV but can't compete against anyone realistically as has been shown on the tour de sol. And the list goes on. So what's next? Making electric airplanes? (If any one of you read the latest issues of Time magazine, it's been documented that Airplanes are in fact one of the largest contributors of greenhouse gasses in the world (cars & industry rank as #2). In any case, Q3 numbers are VERY far away (a couple of months) and with their rate of issuing NRs and their "exceptional" (non-existant) IR department, this stock may see 60 cents just like TALON001 is hoping. Just keep in mind that they'll fly back up over a buck range (if not over 1.50) by the time Q3 is out. The beauty about all of this is that all of the investors were disappointed with the Q2 numbers (so foolishly as we have hoped for unrealistic results) and more importantly, our pockets were hit even harder. So where's the beauty you ask? The beauty is that for Q3 the gigantic expectations will not be there (not as much as Q2) and a 17% growth just like in Q2 and a little more positive CC or any positive NR prior to Q3 numbers would result in beautiful gains in the company's share price. My last thought of the day is this, take it one day at a time and don't panic about who's buying or selling. Make your own decisions on what you know about the company and their potential not what somebody on this BB says about their potential. All replies are always welcome. D-man.
Bullboard Posts