I see Xide recently filed BK. Once actually considered possibly investing there. Can remember plenty of buy recommendations in the $3.00 area. Scary market place. Correct me if I'm wrong, but unlike many in the energy storage business who have filed bk, acpw balance sheet is in good shape. We have cash, no debt, and we r about break even cflow. In a nut shell our biggest issue is sales growth and product recognition. Can we overcome this?
Geez, you should have told me about a stock about to go to zero. I would have bought some.
You are correct on Active Power. Not much long term debt and the usual revolving credit account, equal to about 1/3 of cash in our case. Trading seems to have become a little (emphasis on little) stronger the last few days.