DALLAS, June 28, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Altair Nanotechnologies Inc. (Nasdaq:ALTI). The report includes financial, comparative and investment analyses, and recent company news that you need to know to make an educated investment decision.
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The full report is available at: http://www.microstockprofit.com/lp/ALTI
ALTI's recent volatility has been greater than normal. This is evidenced by the increased distance between the upper and lower Bollinger Bands. These bands measure volatility using standard deviation and a large width is due to high volatility. Additionally, ALTI is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action.
Altair Nanotechnologies Inc. (ALTI) is engaged in the business of developing, manufacturing and selling its nano lithium titanate battery products and providing related design, installation and test services. The Company's primary focus is marketing its large-scale energy storage solutions to power companies and electric grid operators throughout the world. In addition, it also markets its battery products to the electric and hybrid-electric mass-transit markets. It also provides contract research services on select projects where it can utilize its resources to develop intellectual property and/or new products and technology. The Company is organized into two divisions: Power and Energy Group and all other divisions.
Message Board Search for ALTI: http://www.boardcentral.com/boards/ALTI
In the report, the analyst notes:
"For the quarter ended March 31, 2010, ALTI reported revenues of $1.2 million, up from $0.9 million for the same period in 2009. This increase is the result of a higher level of contract and grant activity with the Office of Naval Research and the Department of Defense compared to 2009, which are expected to continue throughout most of 2010.
"ALTI recently announced it had been granted a U.S. patent for the 'Method of Producing Mixed Metal Oxides and Metal Oxide Compounds.' This patent protects the unique nanotechnology manufacturing process for battery anodes and cathodes in lithium-ion batteries utilizing a wider range of metal oxides."
To read the entire report visit: http://www.microstockprofit.com/lp/ALTI
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