MYMAN issues buy rating for China BAK Battery Inc.(NASDAQ:CBAK), my man

MYMAN loves Chinese food, Chinese women and he loves makin' money with Chinese companies. He's issuing a buy rating for China BAK Battery Inc. (NASDAQ:CBAK) which is his way of sayin' buy CBAK, my man.

China's automotive industry is just starting to grow and its already big, my man. And don't doubt for a second that you won't be seeing electric Chinese cars someday because they are developing and makin' them at this moment, my man. Chinese cars will someday be the U.S. and they will be sellin' them cheaper than that Chevy Volt, my man. CBAK is currently at $2.95

And they make battery cells for all kinds of things, my man. Not just cars:

China BAK Battery, Inc. is engaged in manufacturing rechargeable lithium-based battery cells. It produces battery cells that are the principal component of rechargeable batteries used to power applications, such as cellular phones, notebook computers, portable consumer electronics, such as digital cameras, portable media players, portable gaming devices and personal digital assistants (PDA), and other applications, such as cordless power tools, mining lamps, light electric vehicles and hybrid electric vehicles. Its products are packed into batteries by third-party battery pack manufacturers in accordance with the specifications of manufacturers of portable electronic applications. Its prismatic cells are targeted at the People’s Republic of China replacement market, where cellular phone batteries produced by independent battery manufacturers are purchased for use in second-hand cellular phones or as back-up batteries, and primarily comprises steel-case cells.