American Battery Technology Company (ABAT) Thursday, May 2, 2024

American Battery Technology Company is listed on the NASDAQ Capital Market (NasdaqCM), which is the NASDAQ's lowest tier and used to be called the NASDAQ SmallCap Market, under the ticker symbol ABAT. The company files reports in the U.S. with the SEC and is current with all of its financial filings. under the ticker symbol ABAT. The Common Stock can be traded in the U.S. through the OTC Link venue where best bid and ask prices are quoted. The stocks current status with the OTC is 'OTC Pink No Information', meaning it is part of the OTC's third tier but is not current in its financial filings.


Business Description



Satellite    Company Website


Share Structure

This company does not file any reports and therefore there is no way to verify the number of shares that are outstanding. This means that the value of any shares held is in question, and once said value is realized, it tends to be worth less more often than it is worth more. Given the lack of available information, any further analysis of this company's share structure would be meaningless. The number of restricted shares that cannot be bought or sold until certain restrictions have been met is 0 giving ABAT a float of 0. This is 0.00% of the shares outstanding, which is below average for similar companies.

This company currently does not pay any dividends. There is not any significant short interest in this stock.






PSW Trading Strategy

We would currently be looking to buy shares of ABAT at or below $0.1531 per share. An initial stop-loss would be in order at around $0.0957, but should the position gain at least 20%, that stop loss should be changed to a trailing stop loss that remains 25% below the realtime price. Our time horizon for this stock would be around 1 months to realize the majority of our current, projected appreciation. We think that the stock could get as high as $0.0517 within our time horizon, provided market conditions remain similar to the present. Further gains from this position could be realized with a more relaxed time horizon, and by only selling half of the position at any profitable stop-losses or profit targets. Be sure to incorporate trading costs in relation to the actual dollar size of your position when formulating your plan. Be sure to only invest a small portion of any high-risk allocation within a broader investment portfolio, since these type of investments can and do lose their entire value.