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Apr
06 |
Energy One is a lithium ion battery company that is in the incubator process. It has emerged out of a cluster of buildings that house Delphi and General Motors facilities up in Michigan (can you guess who is behind the company?) They have already signed contracts with the Big Three and it is rumored that the Chevy Volt in 2010 will have Energy One's battery technology. Morgan Stanley bought up 54 million shares and it peaked shortly thereafter at 1.32. This company is looking to go big exchange soon (NASDAQ).
Jim Cramer recommended the stock back when it was 25 cents a share. It is currently at .86. It is been hovering at this level but all it takes is more announcements to move it forward. They are coming soon!
Check out the company at www.ener1.com
Categories:
Hot Stocks
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