Paul Thornton
EEStor Corp
ESU-X
COMMENT
Nov 13, 2009
Chart shows it broke out of a base in April, formed another base from April to August and broke out in August. It then undercut the last base ($5.30?) and fell back down to the bottom of the previous base. That is a big Sell signal.
Electric car selling in the US as Canada has not allowed permitting on highways yet. Top speed of roughly 50 mph and takes overnight to charge. Anticipating using the Eastdor battery that is expected to take only 10 minutes to charge and will give 300 kms of driving distance.
Doing fabulously well in penetration and have the right partnerships. He’ll buy it higher up when he’s sure it will work successfully. Looks promising.
(Market Call Minute.) Very interesting. Pretty risky at this point but they've got something with the E storage (?) and it's looking pretty decent. They've done their financing. Speculative.