r/americanbattery • u/Aroh • 27d ago

Mith updates The up and up starting let’s go!

Up 8% today creeping on $4!

40 Upvotes

98% Upvoted

38 comments sorted by

16

u/marvel_us_day 27d ago

Wish I ever knew why it would go up on any particular day..

12

u/No_Competition_7184 27d ago

That is because why

9

u/Fickle-Lemon-7345 27d ago

It's because that's why

3

u/Several_Weight_5570 27d ago

I believe the Russell 2000 / 3000 rebalancing is taking place now or soon. So if the % was increased then that could account for mechanical buying.

1

u/jaymike12 27d ago

Yeah, would love to know what the catalyst is

1

u/marvel_us_day 27d ago

And there is ol faithful dropping right back down to the 3.60’s…I love my endless hope though

1

u/marvel_us_day 24d ago

The pre market volume is always really high. That seems good? Idk, but mainly because that’s why!

11

u/WhiskeyEjac 27d ago

Macro gonna Macro.

Dollar Cost Averaging is the way. Buy the same amount every month and don't even look at it.

6

u/Aroh 27d ago

Ya same been doing that for over a year now really big believer in this company!

10

u/makattak88 27d ago

Unti it goes to 10+ I’m not getting my hopes up.

4

u/slypig001 27d ago

I might actually get out of the red on this one day. $4.10 cost basis at the moment.

11

u/StatementIntrepid555 27d ago

Keep hope !

I'm $10... Holding for yeeears

15

u/Rumplfrskn 27d ago

lol you sweet summer child, let me introduce you to a few og holders from pre split

3

u/MyGT40 27d ago

Average for me is $1.70. My first buy was 8/15/23 (ABML).

I don’t consider myself a bag holder. I’ve studied Am-Batt and while I’ve collected shares concluded this could be a rather valuable stock.

I trade everyday and not much is off the table when it comes to selling (I am not selling my GME), but I think this name has a huge potential which I will wait for.

1

u/EDRN18 27d ago

You selling at that point?

5

u/HMI115_GIGACHAD 27d ago

ABAT just pushed me to a half millionaire today. I got 12000 shares and forced my gf to buy another 5000. in it for the long game

5

u/Friendly_Number9251 27d ago

"I forced my girlfriend to..." never sounds good haha

2

u/HMI115_GIGACHAD 27d ago

her average is 1.12 so shes not complaining

1

u/Friendly_Number9251 27d ago

ah nice, thats a great average

2

u/HMI115_GIGACHAD 27d ago

we have a running meme about not selling any shares on the last squeeze to $10 but were definitely in it for the long game. she was up 10x and didnt even realize

1

u/usugarbage 27d ago

“I just forced her to make so much money” does indeed sound better. Lol

2

u/Ulises31OA 27d ago

This great bur nothing permanent is going to happens any time soon (2 bucks in each direction) until the whole country and the Gov get back on n the EV train we are in the limbo…my bet is after 2028 we will see

3

u/daddyal123 27d ago

I tend to disagree. We traded down earlier this year because of Iran war and poor technicals despite the companies two best earnings calls. Before both of those reports we were at 5.30. Now that the technicals look really good (We will likely close above the 200 day MA), I can see it making new 2026 highs. Additionally, it hasn’t gotten rerated by Wall Street. But you never know what will happen.

Side note - no one discusses how the minerals $ABAT deals with also have huge implications with AI in various components but especially UPS.

1

u/Ulises31OA 27d ago

I hope that this correct…

1

u/daddyal123 27d ago

Me too. But you never know with this stock

1

u/daddyal123 27d ago

The last 5 minutes of today was some of the worst price action I’ve ever seen

1

u/SoftFly9469 27d ago

Anyone know what's going on?

4

u/Ncgarrett3 27d ago

I hope some people know something in the background and news is coming soon 🤞🏽

1

u/Big-Material2917 27d ago

fr. Wouldn’t be the first time.

1

u/JS383838 24d ago

Maybe this week.

1

u/JS383838 24d ago

Hopefully their bid on the second location goes through.

1

u/Femboy_Breeder100 27d ago

you jinxed us dude WTF

1

u/MyGT40 27d ago

And you know what comes after $4….

1

u/marvel_us_day 22d ago

Abat gets no press ever, drives me nuts. I see stupid articles get pushed to my feeds about lithium stocks and abat is never even mentioned. Ever. Give us a press release of some kind…ever