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Fire Your Stock Analyst!: Analyzing Stocks on Your Own by Harry Domash

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Opportunity Knocks

Ted was plugging a company, let’s call it Miracle Tech, that was developing batteries for the automotive and electric car industries. Its mission, according to Ted, was to exploit patented and proprietary battery technology to create “the ultimate battery, characterized by superior power, higher capacity, lighter weight, and minimal acid and lead content.”

You’d think that the battery project would consume the resources of most young companies, but not Miracle Tech.

The firm was concurrently developing a device to detect the presence of water in storage and fuel tanks. Wait, there’s more! Evidently grain must be dried before storing, and Miracle Tech was working on a microwave device to do just that. Even that wasn’t enough ...

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