Thursday, January 26, 2012

Altair Nanotechnologies is a Battery Company

Altair Nanotechnologies (ALTI) was a penny stock that did a reverse stock split to not be a penny stock that is now again a penny stock. Yesterday (02012.01.25) ALTI closed at $0.62. In addition, these days 51% of Altairnano is owned by a Chinese company.

The following was in this year's State of the Union Address.

"I will not cede the wind or solar or battery industry to China or Germany because we refuse to make the same commitment here." -- President Barack Obama

Altair Nanotechnologies is a battery company.

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