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Altair Nanotechnologies, Inc. Message Board

  • realdutch01 realdutch01 Mar 15, 2013 6:33 PM Flag

    ALTI may file for Chapter 11

    Although I was impressed by their $3.7M loan, let's see them raise some cash first in this economy while being labeled "Chinese". Not sure if they would want to raise cash at these levels but then again things can always get worse. Even Copeland understood that.

    And so, prospects are not too bright for companies that are highly dependent on more funding. SIAF is a good example and they are MAKING $100 million in 2013. ALTI isn't even close to break-even.

    But more to the point, I believe management has failed. What we are dealing with here is a lack of transparency. A lack of understanding how the markets function, IMO. Basically the same problem we've had since Gotcher left / was fired. You have to tell the growth story. You have to get people interested. And so far the Chinese board has kept totally quiet.

    Well, the stock could easily gain 100% from these levels if the numbers and prospects are good but one has to wonder about the downside risk. And like I said, this company simply doesn't get it.

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