Millennium Cell (MCEL.PK)

Soldier · #1 (**permalink**) 06-21-08, 12:01 PM

What does everyone think will happen with Millennium Cell? Theres not really any point in selling with their price so low right now.. Is there a chance of a turn around? Or are these guys just headed for Bankrupcy?

moneybaby · #2 (**permalink**) 06-23-08, 04:32 AM

Depends where you got in to the stock. If you're only down a few % points then get out and buy somewhere else. If you're down 80%+ its more a punt on whether to take any value thats available or stick with it, these are pinks afterall and success rate is low. Sometimes a stock just moves on rumour or PR pump!
Personally I think the battery industry is a hard sell. For every personal device there's a custom battery and devices have a shorter life span. MCEL looks to be a very small player so they won't be competing for big products (i.e. apple ipod, etc)
GL... just don't get attached to stocks

dchong5342 · #3 (**permalink**) 07-01-08, 12:47 PM

I agree. You may be better served in a pink who is involved in something a bit more necessary. There are a few in the bio-diesel, alt. energy space which could be attractive.

moneybaby · #4 (**permalink**) 07-03-08, 07:18 PM

dchong, what other energy plays do you have in mind? i've been tracking BLDV but don't like the level and company is pretty dark. I'm after sub and micro penny plays.
thx