28 Nov '11, 10pm

Time to Buy the Best "Green" Peak Oil Investments

Time to Buy the Best "Green" Peak Oil Investments

One of my "four best" peak oil stock picks was a Chinese company with a NASDAQ listing. The other three were European. The Chinese company was Advanced Battery Technologies (ABAT) , which I liked because of their e-bike business and apparent cheap valuation. I did not foresee that the company would be one of many Chinese companies accused of cooking their books. The allegations have not been proven, but ABAT has also not been able to provide enough information to clear its name, so the stock has fallen by two thirds since I wrote the article, but I'm only interested in investing in companies with financial statements I can trust, so I'm no longer watching the stock.

Full article: http://www.altenergystocks.com/archives/2011/11/time_to_b...

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