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7 pts

Opinion on  Ener1 Inc. (HEV)
Is this a short run up or a prelude?

Jul 20, 2008 10:17 PM GMT
Alpha-zilla
Return Risk
-5.59% LOW
Associate

There are a couple of emerging battery companies that have gotten peoples attention.  I like HEV for its R&D excellence (I'm a sucker for design what can I say).  Cramer also gave it a thumbs up which makes me a little nervous about how many ups and downs HEV will have before finally posting a profit.   ;-)

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STO...

The one advantage I see to this company over other lithium ion (Li-ion) battery manufacturers is its ties to Delphi.  Once (IF) GM gets itself back into shape (its only got 15 months), HEV has a direct tie to automotive hybrid lines which would be a big boost to its bottom line.   The only forseable thing that is keeping this stock from rising (other than its -EPS)  is the delphi/GM mess and EEStor's threat of ultracapacitor technology....so this maybe a short run up or a prelude to something better!

http://www.technologyreview.com/read_article.aspx?ch=specials...


HEV:  This call was made on 07/20/08 @ $6.22
Rating:   Positive   $6.22 (07/20/08)
Gain/Loss:   -2.73% in 504 days
Target:   $8.50 (+36.66%) in > one year
Allocation:   0.0% of portfolio


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