China BAK Battery lower after two days of superior gains
Shares of China BAK Battery, Inc. (Nasdaq: CBAK) are lower in pre-market trading, after having been on a rampage for the last two trading sessions to gain roughly 77%. Late Thursday, TheStreet.com's Jim Cramer said the stock is "sizzlin," but warned that investors should not get greedy or get "annihilated."
China BAK develops and manufactures three types of cells, including lithium polymer cells.
Shares of China BAK (CBAK) lost 5.10%, or $0.45, to $8.37 in pre-market trading.
