Tuesday, June 3, 2008

American Battery (ABAT) & Electric Scooters

Wonder what is driving some of the enormous revenue/EPS growth the company is posting each quarter/year? Read this article and it may amaze you :)

The one thing the article doesn't talk about enough is the ENORMOUS migration to cities in China from the rural, farming outskirts. As more folks move to the cities and travel (as they develop a middle class) this form of travel is MORE AND MORE common in China, especially when going to work!

Dan Ross

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